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        Customs

        Import of Gold or Silver by Banks - Exemption from IGST on import - Seeks to further amend List 34A and List 34B in the Appendix to the Table of Notification No. 50/2017-Customs dated 30.06.2017 - 25/2024 - Customs -Tariff

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        Exemption from IGST on gold and silver imports updates eligible bank lists for a specified validity period. Amendment substitutes the Annexure entries for List 34A and List 34B in the Table to Notification No.50/2017 Customs to identify banks eligible for the exemption from IGST on imports of gold and silver under S. No. 359A; List 34A names eleven banks and List 34B names three banks, effective from 1 April 2024 to 31 March 2025.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Exemption from IGST on gold and silver imports updates eligible bank lists for a specified validity period.

                            Amendment substitutes the Annexure entries for List 34A and List 34B in the Table to Notification No.50/2017 Customs to identify banks eligible for the exemption from IGST on imports of gold and silver under S. No. 359A; List 34A names eleven banks and List 34B names three banks, effective from 1 April 2024 to 31 March 2025.


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