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Effective rates of customs duty and IGST for goods imported into India - Seeks to exempt BCD on ships/ vessels for breaking up. Seeks to amend notification No. 50/2017-Customs, dated the 30th June, 2017

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....the 23rd February, 2023 G.S.R. 124(E).--In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Go....