CUS NTF NO. 05/2018 DATE 25/01/2018

Amendments in the Notification No.50/2017-Customs regarding effective rates of customs duty and IGST for goods imported into India .
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 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 amendment 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) for S.No. 539 and the entries relating thereto, the following serial number and entries shall be inserted, namely: -

“539

88 or any other Chapter

(a) Satellites and payloads; (b) Ground equipments brought for testing of (a)

Nil

Nil

78”;

(ii) after serial number 539 and the entries relating thereto, the following serial number and entries shall be inserted, namely: -

“539A

88 or any other Chapter

Scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mock ups and modules, raw material and consumables required for launch vehicles and satellites and payloads

5

5

78”;

[F. No. 354/1/2018-TRU]

(Ruchi Bisht)
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, Subsection (i), vide number G.S.R. 785(E), dated the 30th June, 2017 and last amended vide notification No. 92/2017-Customs, dated the 14th December, 2017, published vide number G.S.R.1515(E), dated the 14th December, 2017.

Presented by eximkey.com