image

CBEC amends notification No.50/2017-Customs dt. 30th June, 2017

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(Department of Revenue)

Notification No. 71/2017-Customs

New Delhi, the 11th August, 2017

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), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-

In the said notification, in the Table,-

(i) against serial number 57, in column (4) against clauses (A), (B) and (C) of item II of column (3), for the entry “7.5%” the entry “15%”” shall be substituted;

(ii) against serial number 61, in column (4), for the entry “12.5%” the entry “17.5%”” shall be substituted;

(iii) against serial number 65, in column (4), for the entry “15%” the entry “25%”” shall be substituted;

[F.No. 354/203/2012- TRU]

(Mohit Tewari)

Under Secretary to the Government of India

Note: The principal notification No.50/2017-Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 785(E), dated the 30th June, 2017 and last amended vide notification No.70/2017-Customs, dated the 31st July, 2017, published vide number G.S.R. 984 (E), dated the 31st July, 2017.

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Corporate Law Referencer

MasterClass

Recent Articles

Recent Legal updates

Recent Gst Updates