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of <h1>Customs Notification Amended: New Import Conditions for Precious Metals, Ships, and Diamond India Added to List 34.</h1> The notification amends Notification No. 50/2017-Customs to implement recommendations from the GST Council's 37th meeting. Key amendments include changes to the import conditions for gold, silver, and platinum by specified entities, and modifications to leasing terms under the Central Goods and Services Tax Act, 2017. A new entry, 557C, is added for ships providing cable laying or repairing services, with specific conditions imposed on importers, including tax obligations and re-export requirements. Additionally, Diamond India Limited is added to List 34. These amendments take effect on October 1, 2019.
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