Just a moment...

Top
Help
Upgrade to AI Tools

We've upgraded AI Tools on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Tools

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Seeks to further amend notification No. 50/2017-Customs dated the 30th June so as to prescribe effective rate of basic customs duty (BCD) consequent to the changes proposed in the Union Budget 2018-19.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide, number G.S.R. 785(E), dated the 30th June, 2017, namely:- In the said notification, in the Table,- (1) against S.No. 22, for the entry in column (4), the entry "2.5%" shall be substituted; (2) against S.No. 63, for the entry in column (4), the entry "30%" shall be substituted; (3) against S.No. 64, for the entry in column (4), the entry "35%" shall be substituted; (4) against S.No. 77, for the entry in column (4), the entry "35%" shall be substituted; (5) agains....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 349, for the entry in column (4), the entry "5%" shall be substituted; (15) against S.No. 350, for the entry in column (4), the entry "5%" shall be substituted; (16) against S.No. 351, for the entry in column (4), the entry "5%" shall be substituted; (17) after S.No. 448 and the entries relating thereto, the following S.Nos. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "448A. 8407 All goods other than engines of- (i) motor vehicles falling under heading 8702 or 8704; (ii) motor cars falling under heading 8703, or (iii) motor cycles falling under heading 8711. 7.5% - - 448 B. 8407 Outboard Motors 5% - - 448 C 8408 All goods other than engines of- (i) motor vehicles falling under heading 870....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s of CNC machine tools falling under headings 8456 to 8463" shall be substituted; (20) against S.No. 464, for the entry in column (3), the entry "CNC Systems for use in the manufacture of CNC Lathes (tariff items 8458 11 00, 8458 91 00), Machining Centers (tariff items 8457 10 10, 8457 10 20) or all types of CNC machine tools falling under headings 8456 to 8463" shall be substituted; (21) after S.No. 489 and the entries relating thereto, the following S.No. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "489 A. 8511 All goods other than of a kind used in conjunction with engines of:- (i) motor vehicles falling under heading 8702 or 8704; (ii) motor cars falling under heading 8703; or (iii) motor cycles fall....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....28 59 00); (iii) other projectors (8528 69 00); (iv) reception apparatus for television, whether or not incorporating radio broadcast receivers or sound or video recording or reproducing apparatus, - (a) not designed to incorporate a video display or screen (8528 71 00); and (b) other Monochrome (8528 73). 10% - -"; (26) against S.No. 524, in column (4), - (a) for the figures "10%", the figures "15%" shall be substituted; (b) for the figures "20%" , the figures "25%" shall be substituted; (27) against S.No. 526, in column (4), for the figures "10%", the figures "15%" shall be substituted; (28) after S.No. 530 and the entries relating thereto, the following S.No. and entries shall be inserted, namely:- (1) (2) (3) (4) ....