<h1>Amendments to Customs and Excise: Changes to Exemptions, Cess, and Surcharge; Impact on Electronics and Trade Agreements.</h1> The Explanatory Memorandum to Notifications dated February 1, 2023, outlines various amendments to customs and central excise regulations. Key changes include revisions to exemptions on specified goods, adjustments to the Agriculture and Infrastructure Development Cess, and modifications to the Social Welfare Surcharge. Specific notifications address electronic items, project imports, and agreements like the India-UAE Comprehensive Economic Partnership. Amendments also extend certain exemptions, such as those for equestrian sports, and set end dates for numerous notifications. Additionally, a central excise notification exempts Compressed Natural Gas from certain duties when blended with biogas.