Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024
These changes will be effective from 24.7.2024
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S. No.
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Notification No.
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Subject
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1.
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38/2024 Customs dated 23.07.2024
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Currently, articles of foreign origin can be imported into India for repairs subject to their re-exportation within six months extendable to 1 year. The duration for export in the case of aircraft and vessels imported for maintenance, repair and overhauling has been increased from 6 months to 1 year, further extendable by 1 year.
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2.
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39/2024 Customs dated 23.07.2024
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The time-period of duty-free re-import of goods (other than those under export promotion schemes) exported out from India under warranty has been increased from 3 years to 5 years, further extendable by 2 years.
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3.
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31/2024 Customs dated 23.07.2024
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The India-UAE CEPA Tariff notification is being amended as consequential changes in duty rates on precious metals.
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Full Text:
Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024
Dated: 24-7-2024
9911796707
