Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 to prescribe effective BCD rate on Electric Vehicle (EV) and their specified part and raw material for manufacture of Lithium ion cells
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....o do, hereby 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, (i) against S. No. 495, (a) in column (2), for the words "Any Chapter", the figures "8507" shall be substituted; (b) in column (4), for the words "Nil", the figures "5%" shall be substituted; (ii) against S. No. 512, for the entry in column (3), the following entry shall be substituted, namely: - "(a) Parts, components and accessories except: - ....
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....nbsp; 10% - - (b) pre-assembled Battery Pack, Motor, Motor Controller, Charger, Power Control Unit, Energy Monitor Contractor, Brake System, Electric Compressor not mounted on a chassis or a body assembly 15% - - (2) in a form other than (1) above 25% - -"; (vi) against S. No. 526, in column (3), after the words, "Motor vehicles and other motor vehicles", the brackets and words "(excluding electrically operated vehicles)" shall be inserted; (vii) after S. No. 526 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "526 A 870....
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...., namely: - "(v) Power Control unit (inverter, AC/DC converter, condenser); (vi) Energy monitor; (vii) Contactor; (viii) Brake system for recovering; (ix) Electric Compressor"; (x) after S. No. 528 and the entries relating thereto, the following S. No. and entries shall be ^1[inserted], namely:- (1) (2) (3) (4) (5) (6) "528 A. 8507 Battery pack for use in the manufacture of electrically operated vehicle or hybrid vehicle 5% - 9"; (xi) against S. No. 529, in column (3), the entry against item no. (i) shall be omitted; (xii) against S. No. 531, in column (3), after the words, "an auxiliary motor,", the brackets and words, "(excluding electrically operate....
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