Effective rates of customs duty and IGST for goods imported into India - Foreign Going Vessel converted for a coastal run - implement recommendations made by the GST Council during its 52nd Meeting - Notification no. 50/2017-Customs as amended

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....OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 60/2023-Customs New Delhi, dated the 19th October, 2023 G.S.R. 758 (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 publi....

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....his entry, (i) "Foreign going vessel" shall have the same meaning as assigned to it under clause (21) of Section 2 of the Customs Act 1962. (ii) "Conversion to coastal Vessel" shall include the vessel granted necessary license under the Merchant Shipping Act,1958 - Nil -"; 2. in the Annexure, - ^1[(I) in List 34A, with effect from 1st April, 2023 for the Financial Year 2....