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of <h1>Customs Tariff Act First Schedule amended with 393 new HS codes effective January 1996</h1> The Central Board of Excise & Customs issued a circular regarding amendments to the First Schedule of the Customs Tariff Act, 1975, implementing new Harmonised System (HS) codes effective January 1, 1996. As part of India's obligations under the Harmonised System Convention, the customs tariff must align with updated international nomenclature. The amendments comprise 393 changes across six sectors: agricultural (55), chemical (70), textiles (56), base metals (36), machinery (75), and other sectors (101). These modifications reflect technological progress, trade patterns, and environmental concerns. The circular outlines an action plan including distribution of reading materials, training programs for customs officers, and review procedures. While the amendments aim to maintain existing duty rates, some products may experience rate changes due to reclassification, requiring corrective notifications. Commissioners must review changes affecting duty rates and provide feedback by December 8, 1995, to ensure smooth transition.
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