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CBEC amends notification No. 50/2017-Customs to prescribe effective rate of BCD on various goods

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 92/2017-Customs

G.S.R. 1515 (E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act,1962 (52 of 1962) and sub-section (12) of section 3 of Customs Tariff Act, 1975 (51 of 1975), 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 in the 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) serial number 158 and the entries relating thereto, shall be omitted;

(ii) after serial number 499 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

499A 8521 90 90 All goods other than Digital video Recorder (DVR/ Network Video Recorder (NVR) 10% -”;

(iii) after serial number 502 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

“502A 8525 80 All goods other than CCTV Camera/IP camera 10% -”;

(iv) against serial number 514, for the entry in column (4), for the entry “Nil”, the entry “7.5%” shall be  substituted;

(v) after serial number 581 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

“581A 9028 30 All goods other than Smart Meter 10% -”;

(vi) after serial number 586 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

“586A 9405 All goods other than LED lamps 10% -”.

[F.No.354/20/2017-TRU]

(Gunjan Kumar Verma)

Under Secretary to the Government of India

Note: The principal notification No. 50/2017-Customs, dated the 30th June, 2017was 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. 89/2017-Customs, dated the 24th November, 2017, published vide number G.S.R. 1448 (E), dated the 24th November, 2017.

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