Customs duty amendment narrows exemption coverage by omitting select table entries and revising proviso cross references accordingly.
The notification amends Notification No. 50/2017-Customs by omitting S. No. 21F, 24AA and 32B from its Table and by substituting a reduced list of figures and letters in the first proviso, thereby narrowing the set of referenced entries that define the scope of exemptions under the principal notification.

Customs duty exemption for shuttleless looms and parts: nil rates for specified textile imports with a time limited expiry.
The notification substitutes S.No. 460 in Notification No. 50/2017 Customs to specify that certain new shuttleless looms and parts for use in the textile industry (excluding old and used goods) attract nil effective customs and IGST rates; the amendment is enacted under section 25 of the Customs Act, 1962 and section 3(12) of the Customs Tariff Act, 1975 and is subject to an express expiry provision.

Tariff value fixation for specified imports updates customs valuation and fixes effective rates from the first of September.
Amends Notification No. 36/2001-Customs (N.T.) by substituting Tables 1-3 to fix tariff values in US dollars for specified edible oils, brass scrap, areca nut, and unit values for gold and silver in defined forms, for the purpose of customs valuation and assessment; the amendment has effect from 1 September 2023.

Exemption from agricultural infrastructure development cess: LPG, liquified propane and butane relieved from AIDC levy.
Amendment to Notification No. 11/2021-Customs substitutes "Nil" in column (4) against Sl. Nos. 10AA and 10B, removing the AIDC levy on LPG, liquified propane and liquified butane, and omits the first and second provisos after the Table. The change is made under section 25(1) of the Customs Act, 1962 read with section 124 of the Finance Act, 2021 and takes effect from 1 September 2023.

Anti-dumping duty on nylon fishing nets extended to curb dumping and circumvention via Malaysia, preserving remedial effect.
Imposition of anti-dumping duty on nylon fishing nets under tariff item 5608 11 10, originating in or exported from China PR and extended to imports involving Malaysia and other transshipment patterns, based on findings of continued dumping, circumvention via Malaysia, likelihood of recurrence of dumping and injury, and erosion of remedial effect. Duty is specified per kilogram in US dollars, effective from Gazette publication, payable in Indian currency; HDPE nets excluded and blends covered if 50% or more nylon by weight.

Customs exchange rate update sets revised import and export valuation basis for Turkish Lira effective late August.
The Central Board amends the exchange-rate Schedule-I entry for the Turkish Lira, substituting a new row that prescribes distinct one-unit foreign-currency equivalents to Indian rupees for import and export purposes, and specifies the effective date from which these revised rates must be applied for customs assessment and related procedures.

Export duty exemption for parboiled rice subject to customs entry and irrevocable LC conditions, with deferred effective date.
Two tariff entries for parboiled rice (heading 1006 30 10) are inserted with nil export duty subject to two new conditions: Condition 5 defers the rate until 16th October 2023; Condition 6 requires that goods intended for export entered the customs station before 25th August 2023 without clearance having been issued, or are backed by irrevocable Letters of Credit opened and interbank message-exchanged before 25th August 2023 and authenticated by the Recipient Bank.

Export duty on parboiled rice imposed by Customs Tariff insertion, creating a new scheduled entry and taking immediate effect.
Levy of export duty on parboiled rice is effected by inserting a new entry into the Second Schedule to the Customs Tariff Act, identifying parboiled rice under the tariff classification and prescribing a duty rate; the notification exercises the Act's amendment power and takes effect immediately.

Customs duty exemption for exported onions limits payable duty above the prescribed rate, subject to later rescission.
Exemption reduces customs duty on exported onions by exempting any amount of duty above the prescribed rate for the tariff classification of onions, thereby capping the effective duty payable on such exports to the specified rate and relieving exporters from higher duty liabilities.

Export duty on onions imposed, creating immediate export restriction under the Customs Tariff Act notification.
A notification under section 8(1) of the Customs Tariff Act amends the Second Schedule to insert a tariff entry for onions and prescribes an export duty rate, while renumbering the existing first entry to accommodate the new provision, effectuating an immediate levy on the specified agricultural product through the statutory customs notification mechanism.

Exchange rate determination for customs: updated import and export conversion rates effective 18 August 2023.
The Central Board of Indirect Taxes and Customs, exercising powers under section 14 of the Customs Act, 1962, prescribes specified conversion rates of listed foreign currencies into Indian rupees for import and export goods effective 18 August 2023, superseding the earlier Notification No. 57/2023; rates are presented in Schedule I (per unit) and Schedule II (per 100 units), with a recorded substitution for the Turkish Lira and later supersession by a further notification.

Tariff value fixation updates affecting edible oils, brass scrap, areca nut, gold and silver; new schedule replaces prior tables.
Amendment to the customs non-tariff schedule substituting revised TABLE-1, TABLE-2 and TABLE-3 to fix tariff values for listed imported goods. The substituted tables specify updated tariff values for edible oils (various palm and soybean oils), brass scrap, areca nut, and specified forms of gold and silver, including explanatory scope limitations for certain entries. The notification takes effect from 15th August, 2023 and references the principal notification and its recent amendment.

Common Adjudicating Authority appointment directs consolidation of multiple customs show cause notices for adjudication against an importer.
The Central Board of Indirect Taxes and Customs, under the Customs Act, appoints a specified officer as Common Adjudicating Authority to exercise the powers and discharge the duties of the originally named adjudicating officers for several show cause notices issued to M/s Mageba Bridge Products Pvt. Ltd., thereby centralising adjudication for finalisation of provisional assessment and related proceedings.

Deferred import-duty payment now allows exceptional revised due dates, subject to timely original duty and reassessment differential-duty payments.
Deferred payment of import duty may be allowed on a different due date in exceptional circumstances where the Central Government considers it necessary and expedient and records reasons in writing. An eligible importer must pay duty for a bill of entry within the prescribed due date and must pay reassessment-related differential duty with interest within one day, excluding holidays, to be permitted to make deferred payment.

Exchange rate determination sets distinct import and export conversion rates for specified foreign currencies under customs rules.
The Central Board of Indirect Taxes and Customs, under authority of the Customs Act, has prescribed distinct import and export conversion rates for specified foreign currencies in two schedules-Schedule I giving per unit rates and Schedule II giving per hundred unit rates-and made those rates effective from 4th August, 2023; this notification supersedes the prior exchange rate notification of 20th July, 2023 except for prior actions.

Anti-dumping duty on dispersion unshifted single mode optical fiber imposed, with differentiated rates by origin and producer.
Imposition of anti-dumping duty on Dispersion Unshifted Single Mode Optical Fiber (SMOF) from China PR, Korea RP and Indonesia under chapter heading 9001, with specific per producer and residual duty rates in USD per KFKM set out in the notification's table; scope includes G.652 and G.657 fibers and excludes G.653, G.654, G.655 & G.656; duty to be collected in KFKM, effective for five years from publication, payable in Indian currency, with exchange rate for calculation as per Ministry of Finance notifications and the bill of entry date as the relevant date.

Tariff value fixation for specified edible oils, brass scrap, areca nut, gold and silver updated, affecting customs valuation.
The Central Board of Indirect Taxes & Customs, exercising delegated powers under the Customs Act, substitutes Tables 1-3 of the principal notification to fix tariff values in US dollars for specified imported goods, including listed edible oils, brass scrap, areca nut, and specified forms of gold and silver with explanatory scope and exclusions; the amendment takes effect from 1 August 2023.

Customs exemption amendments add RoDTEP and RoSCTL claims, and modify notified lists and entries, taking effect shortly.
Notification No. 46/2023-Customs amends Notifications Nos. 45/2017, 47/2017 and 50/2017 to add claims for RoDTEP and RoSCTL in table entries, substitute proviso references to schemes of Chapter 4, update the definition of Foreign Trade Policy, revise listed entities, replace specified table entries with "Nil", restructure S. No. 359A with Lists 34A/34B/34C of eligible banks and entities, and insert an additional medicinal import entry. These amendments take effect on the 27th July, 2023.

Customs notification amendment: removal of specified Inland Container Depot entry for Maharashtra from notified list under Customs Act.
The notification amends the principal customs notification by omission of item (xiv) in the Table against serial number 9 for the State of Maharashtra, removing the entry in column (3) and its corresponding entry in column (4), thereby altering the notified list of inland container depots for Maharashtra under the Customs Act powers cited.

Exchange rate determination: Updated foreign currency conversion rates set for imports and exports, effective mid July.
The Central Board of Indirect Taxes and Customs determines specific rupee-equivalent exchange rates for conversion of listed foreign currencies for customs valuation of imported and exported goods, prescribing separate import and export rates in two attached schedules, effective from 21st July, 2023, and superseding the earlier notification except as to prior actions.