Customs seeks to amend notification No. 50/2017-Customs to prescribe BCD and IGST rates on certain goods
77/2017 Dated:- 13-10-2017 Customs -Tariff
Customs
Miscellaneous Exemption Notifications
Cus
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 77/2017-Customs
New Delhi, the 13th October 2017
G.S.R. 1298 (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 notifica
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hereto, the following shall be inserted, namely: –
“557A
89
Rigs and ancillary items imported for oil or gas exploration and production taken on lease by the importer for use after import.
–
Nil
102”;
(iv) after S. No. 608 and the entries relating thereto, the following shall be inserted, namely: –
“608A
9804
Bonafide gifts imported by post or air upto CIF value limit of 5000 rupees and exempted from any prohibition in respect of the imports thereof under the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992)
Nil
Nil
-”
(b) in the Annexure,
(i) after condition No. 102, the following condition shall be inserted, namely: –
Condition No.
Condition
“103
If the importer at the time of import-
(1) furnishes a certificate from an officer not below the rank of a Deputy Secretary to the Government of India in the Department of Health and Family Welfare, Government of India, to the effect that the imported medicines or drugs or vaccines (in respect of descript
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tion Bank
8. Andhra Bank
9. The Federal Bank Ltd
10. HDFC Bank
11. ICICI Bank
12. Indian Bank
13. IndusInd Bank Ltd
14. Indian Overseas Bank
15. Kotak Mahindra Bank
16. Oriental Bank of Commerce
17. Punjab National Bank
18. State Bank of India
19. Syndicate Bank
20. Union Bank of India
21. Bank of Maharashtra
22. Central Bank of India
23. City Union Bank Ltd
24. Dhan laxmi Bank
25. ING Vysya Bank
26. Karur Vysya Bank
27. Punjab and Sind Bank
28. South Indian Bank
29. Standard Chartered Bank
30. State Bank of Bikaner and Jaipur
31. State Bank of Hyderabad
32. State Bank of Mysore
33. State Bank of Patiala
34. State Bank of Travancore
35. Yes Bank
36. Dena Bank
37. Metals and Minerals Trading Corporation of India (MMTC)
38. The Handicraft and Handlooms Exports Corporation of India Ltd
39. PEC Limited
40. The State Trading Corporation of India Ltd
41. MSTC Ltd”
[F. No. 354/119/2017-TRU (Pt. III)]
(Ruchi Bisht)
Under Secretary to the Government of India
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