CA Cult

Notification to Exempt AIDC on goods

Seeks to amend Notification 11/2021-Cus dated 01.02.2021 in order to exempt AIDC on goods falling under tariff item 5201 00 25 – Notification No. 11/2024-Customs

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), read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on 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. 11/2021 –Customs, dated the 1st February, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 69(E), dated the 1st February, 2021, namely:-

In the said notification, in the Table, for serial number14and the entries relating thereto, the following S. No. and entries shall be substituted, namely:

2. This notification shall come into force on the 20th of February, 2024.

Note: The principal notification No.11/2021-Customs, dated the 1stFebruary, 2021,was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 69(E), dated the 1st February, 2021, and last amended vide notification No. 05/2024-Customs, dated the 22nd January, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 55(E), dated the 22nd January, 2024.

Notification

Read Updates on CBICCustoms

Exit mobile version