Top
Begin typing your search above and press return to search.

CBIC amends Customs Notification relating to AIRs of Duty Drawback [Read Notification]

10 chapters were amended by CBIC

CBIC - Customs Notification - AIRs - Duty Drawback taxscan
X

CBIC – Customs Notification – AIRs – Duty Drawback taxscan

The Central Board of Indirect Taxes and Customs ( CBIC ), vide notification no. 33/2024-CUSTOMS (N.T.) has notified the amendment in customs notification relating to AIRs of duty drawback. This notification shall come into force on the 3rd day of May, 2024.

In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 and sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944), read with rules 3 and 4 of the Customs and Central Excise Duties Drawback Rules, 2017, the Central Government made the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 77/2023-Customs (N.T.), dated the 20th October, 2023 published vide number G.S.R. 792 (E), dated the 20th October, 2023, namely :-

In the said notification, -

(I) in the Notes and conditions, after paragraph 13, the following paragraph shall be inserted, namely: -

“(13A) The term “counts” wherever used in Chapter 52 shall mean “counts in New English (Ne)”:

And in the 2nd Schedule, the government made changes in following chapters:

  1. For chapter 3, a new chapter has been substituted titling ‘FISH AND CRUSTACEANS, MOLLUSCS AND OTHER AQUATIC INVERTEBRATES’
  2. for Chapter – 16, a new chapter naming ‘ PREPARATIONS OF MEAT, OF FISH OR OF CRUSTACEANS, MOLLUSCS OR OTHER AQUATIC INVERTEBRATES’ has been substituted
  3. Chapter-42
  4. Chapter-63
  5. Chapter -72
  6. Chapter -75
  7. Chapter -81
  8. Chapter -85
  9. Chapter -88
  10. Chapter -93

To Read the full text of the Notification CLICK HERE

Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates


Next Story

Related Stories

All Rights Reserved. Copyright @2019