Five percent BCD on Open Cell for Manufacture of LED/LCD TV Panels -Nil Duty Dispensation Allowed to Lapse on 30 Sept.

·         Zero Duty for PCBA, Chip on Film and Cell for mfr of Open Cell of LCD and LED TV Panels Continue

[Notification No.  35/2020-Customs dated 30 September 2020]

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) 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 Government of India, in the 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, -

(i)  in the Table, against S. No. 515A, for the entry in column (4), the entry 5%” shall be substituted;

(ii) in the first proviso, clause (d) shall be omitted.

2. This notification shall come into force with effect from the 1st  day of October, 2020.

[F.No.354/20/2017-TRU (Pt.II)]