Open Cell to Fall only under Display
Panel in 8524 and not under Parts of TV Display Panel in 8529 - Classification
Code Amended
·
5% BCD on Entry Continues
Revised entry given below
[Notification No. 39/2022-Customs
dated 12 July 2022]
Seeks to
amend notification No. 50/2017-Customs with respect to the tariff heading
referring to the open cells for use in manufacture of TV Panels of heading 8524
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
amendment in the notification of the Government of India, 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, in the Table, against S.
No. 515A, in Column (2), for the figure “8529”, the figure “8524” shall be substituted.
[F.No.
CBIC-190341/22/2022-TRU Section-CBEC]
|
515A |
8524
[30/12.07.2022 – Classification Code amended] |
Open cell (15.6” and above) for use in the manufacture
of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV panels of
heading 8524 [55/29.12.2021
- HS2022
Changes w.e.f. 1 Jan 2022 incorporated] [30/17.09.2019 – SNo. 515A amended - Open
Cell for Manufacture of LCD and LED Television Panels Customs Duty Reduced to
Nil from 5%] [32/23.03.2018 – SNo. 515A inserted - Basic Customs
Duty Reduced to 5% from 10% on Open Cell for the Mfr of LCD and LED TV Panels] |
5% |
- |
9 |