Customs Tariff Changes Post Union Budget 2020

 

 

Dated: 02.02.2020

Customs Tariff Changes Post Union Budget 2020

 

Customs Notification No. 01/2020 dt. 02/02/2020– Amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe effective rate of Basic Customs Duty (BCD)

This Notification hereby makes further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 50/2017- Customs, dated the 30th June, 2017

Customs Notification No. 02/2020-Cus,dt. 02-02-2020– Amend notification No. 57/2017-Customs, dated the 30th June, 2017 so as to change the applicable BCD rate on specified parts of Cellular Mobile Phones

This Notification hereby makes further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 57/2017- Customs, dated the 30th June, 2017

Customs Notification No. 03/2020-Cus,dt. 02-02-2020– Extend the exemption from BCD and IGST

This Notification hereby makes further amendment to notification No. 19/2019-Customs dated the 6th July, 2019 so as to extend the exemption from BCD and IGST on specified military equipment, if imported by DPSUs and PSUs for the defence forces

Customs Notification No. 04/2020-Cus,dt. 02-02-2020– Amend notification No. 148/1994-Customs dated the 13th July, 1994

This Notification hereby makes further amendment to notification No. 148/1994-Customs dated the 13th July, 1994 to exempt wool, woollen fabrics and apparels received as gifts by the Indian Red Cross Society

Customs Notification No. 05/2020-Cus,dt. 02-02-2020- Amend notification No. 25/99-Customs dated 28th February. 1999

This Notification hereby makes further amendment to notification No. 25/99-Customs dated 28th February 1999 so as to withdraw BCD exemption on Gold used in manufacture of semi-conductor devices or light emitting diode and to provide exemption to specified parts for use in manufacture of fuses and connectors

Customs Notification No. 06/2020-Cus,dt. 02-02-2020– Amend notification No. 24/2005-Customs, dated the 1st March, 2005

This Notification hereby makes further amendment to notification No. 24/2005-Customs, dated the 1st March, 2005 so as to exclude copper and articles thereof from the exemption provided to raw materials use for manufacturing of ITA goods specified therein the notification

Customs Notification No. 07/2020-Cus,dt. 02-02-2020– Amend notification No. 25/2005-Customs, dated the 1st March, 2005

This Notification hereby makes further amendment to notification No. 25/2005-Customs, dated the 1st March, 2005 so as to exclude copper and articles thereof from the exemption provided to raw materials use for manufacturing of ITA goods specified therein the notification

Customs Notification No. 08/2020-Cus,dt. 02-02-2020– Exempt specified goods from Health Cess

This Notification hereby makes further exempt specified goods from Health Cess imposed on the medical devices falling under heading 9018 to 9022 in terms of clause 139 of the Finance Bill, 2020

Customs Notification No. 09/2020-Cus,dt. 02-02-2020- Amend notification No. 11/2018-Customs, dated the 2nd February, 2018

This Notification hereby makes further amendment to notification No. 11/2018-Customs, dated the 2nd February, 2018 in order to revise the levy of Social Welfare Surcharge on specified goods

Customs Notification No. 10/2020-Cus,dt. 02-02-2020- Amend notifications mentioned in the Column (2) of the Table of the notification No. 10/2020-Customs, dated the 2nd February, 2020

This Notification hereby makes further amendment to notification mentioned in the Column (2) of the Table of the notification No. 10/2020-Customs, dated the 2nd February, 2020 so as to align the notification mentioned in Column (2) with the new tariff lines created as per Finance Bill, 2020

Customs Notification No. 11/2020-Cus,dt. 02-02-2020- Amend notification No. 82/2017-Customs dated the 27th October, 2017

This Notification hereby makes further amendment to notification No. 82/2017-Customs dated the 27th October, 2017 so as to omit a redundant entry at S. No. 31A

Customs Notification No. 12/2020-Cus,dt. 02-02-2020– Seeks to rescind certain customs notifications

This Notification hereby seeks to rescind certain customs notifications which have become redundant or entries in these notifications are being merged with other similar notifications granting exemptions

 

Download the Notification’s Here:

Customs Notfn 01-2020

Customs Notfn 02-2020

Customs Notfn 03-2020

Customs Notfn 04-2020

Customs Notfn 05-2020

Customs Notfn 06-2020

Customs Notfn 07-2020

Customs Notfn 08-2020

Customs Notfn 09-2020

Customs Notfn 10-2020

Customs Notfn 11-2020

Customs Notfn 12-2020

 

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