Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
The Central Government, exercising powers under the Customs Act, 1962 and the Customs Tariff Act, 1975, amends Notification No. 50/2017-Customs to substitute "18%" in column (5) against S. No. 404, thereby increasing the duty rate to 18% for the specified goods when imported by the specified person in connection with petroleum operations or coal bed methane operations under the relevant policy; the amendment takes effect on 22 September 2025.
The Central Government, exercising powers under the Customs Act, 1962 and the Customs Tariff Act, 1975, amends Notification No. 50/2017-Customs to substitute "18%" in column (5) against S. No. 404, thereby increasing the duty rate to 18% for the specified goods when imported by the specified person in connection with petroleum operations or coal bed methane operations under the relevant policy; the amendment takes effect on 22 September 2025.
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