Amendments in ITA Goods Notifications to align the HS Codes with Passage of Finance Act, 2023, w.e.f 01.05.2023

·         No Change in Rates of Duty

[Notification No. 34/2023-Customs dated 29 April, 2023]

Seeks to amend various electronics related notifications in order to align the HS Codes of the said notifications with the Finance Act, 2023, w.e.f. 01.05.2023

G.S.R. ......(E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes further amendments in the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below to the extent specified in the corresponding entry in column (3) of the said Table, namely: -

 

Sl. No.

Notification number and Date

Amendments

(1)

(2)

(3)

1.

Notification No. 24/2005- Customs, dated the 1st March, 2005, vide number G.S.R. 122(E), dated the 1st March, 2005.

[Zero Duty under ITA Goods and their Manufacture – I (p.1426)]

In the said notification, in the Table, -

(i)   Sr. Nos. 13H and 13P and the entries relating thereto shall be omitted;

(ii)  against Sr. No. 29, for the entry in column (2), the entry “8524 11 10, 8524 11 90, 8524 91 10, or 8524 91 90” shall be substituted;

2.

Notification No. 25/2005 - Customs, dated the 1st March, 2005, vide number G.S.R. 123(E), dated the 1st March, 2005.

[Zero Duty under ITA Goods and their Manufacture – II (p.1428)]

In the said notification, in the Table, against S. No. 17, for the entry in column (2), the entry “8524 11 10, 8524 11 90, 8524 12 10, 8524 12 90, 8524 19 10, 8524 19 90, 8524 91 10, 8524 91 90, 8524 92 10, 8524 92 90, 8524 99 10, or 8524 99 90" shall be substituted.

3.

Notification No. 13/2022 - Customs, dated the 1st February, 2022, vide number G.S.R. 87(E), dated the 1st February, 2022.

[PMP for Smart Meters (p.1383)]

In the said notification, in the Table, against S. No. 7, for the entry in column (2), the entry “8524 11 90 or 8524 91 90" shall be substituted.

2. This notification shall come into force on the 1st May, 2023.

[F. No. 190354/62/2023-TRU]