Seeks to rescind certain customs notifications which have become redundant or entries in these notifications are being merged with other similar notifications granting exemptions

Quick Summary
The Indian Government, through the Ministry of Finance, is rescinding certain customs notifications. This action is being taken because these notifications have become redundant or their provisions are being incorporated into other, similar notifications that grant exemptions. The rescission is effective from the date specified in the notification, but it does not affect actions taken or omitted before this date. This aims to streamline customs procedures and provide clearer exemption frameworks.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(Department of Revenue)

Notification No. 12/2020-Customs

New Delhi, the 2nd February, 2020

                 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government on being satisfied that it is necessary in the public interest so to do, hereby rescinds the notifications of the Government of India in the Ministry of Finance (Department of Revenue) as specified in column (2) of the Table below, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide corresponding number G.S.R. as specified in column (3) of the said Table, except as respects things done or omitted to be done before such rescission, namely:-

Please refer to the attached file for full notification

FAQ :

The purpose is to rescind (cancel) certain customs notifications that are no longer needed or are being merged with other notifications that provide exemptions.

They are being rescinded because they have become redundant or their entries are being combined with similar notifications that grant exemptions.

This action is taken under the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, and section 3 of the Customs Tariff Act, 1975.

No, the rescission does not apply to things that were done or omitted to be done before the rescission took effect.

The full details of the notifications being rescinded are available in the attached file, which refers to the specific notifications and their corresponding G.S.R. numbers.

 

Guest
Notification No : 12/2020-Customs
Published in Custom
Attached File : 322600_9279_12.pdf
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