Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025 - Withdrawal of exemption from the import duty on goods since the BCD (Tariff) itself has been rationalized w.e.f. 1.5.2025 https://www.taxtmi.com/notifications?id=143538 The Central Government rescinds Notification No. 04/2025 Customs (dated 1 February 2025) on the basis that the Basic Customs Duty tariff has been rationalized, giving effect to the rescission prospectively from 1 May 2025 while preserving consequences of actions done or omitted before rescission; the exercise is taken under powers conferred by the Customs Act in furtherance of public interest. en-us Wed, 30 Apr 2025 00:00:00 +0530 Thu, 01 May 2025 13:11:00 +0530 TaxTMI RSS Generator Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025 - Withdrawal of exemption from the import duty on goods since the BCD (Tariff) itself has been rationalized w.e.f. 1.5.2025 https://www.taxtmi.com/notifications?id=143538 The Central Government rescinds Notification No. 04/2025 Customs (dated 1 February 2025) on the basis that the Basic Customs Duty tariff has been rationalized, giving effect to the rescission prospectively from 1 May 2025 while preserving consequences of actions done or omitted before rescission; the exercise is taken under powers conferred by the Customs Act in furtherance of public interest. Notifications Customs Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143538