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TMI BlogNOTES ON CLAUSES - CUSTOMSX X X X Extracts X X X X X X X X Extracts X X X X ..... t. [Clause 72] 2) Section 3 is being amended so as to provide for inclusion of the Principal Chief Commissioner of Customs and Principal Commissioner of Customs in the class of officers of customs. [Clause 73] 3) Section 15(1) is being amended to provide for determination of rate of duty and tariff valuation for imports through a vehicle in cases where the Bill of Entry is filed prior to the filing of Import Report (as the Manifest is called in case of imports by land). [Clause 74] 4) Section 25 is being amended to provide that the customs duties on mineral oils including petroleum natural gas extracted or produced in the continental shelf of India or the exclusive economic zone of India shall not be recovered for the period prior to 7th February, 2002. [Clause 75] 5) Section 46(3) is being amended to allow the filing of a Bill of Entry prior to the filing of Import Report (as the Manifest is called in case of imports by land) for imports through land route. [Clause 76] 6) Section 127A is being amended to change the name of the Customs and Central Excise Settlement Commission to the Customs, Central Excise and Service Tax Settlement Commission since the scope of the functioning of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecision on the issue has not been appealed against for reasons of low amount. [Clause 84] AMENDMENT IN THE CUSTOMS TARIFF ACT, 1975: 1) Section 8B of the Customs Tariff Act, 1975 is being amended so as to provide for levy of safeguard duty on inputs/raw materials imported by an EOU and cleared into DTA as such or are used in the manufacture of final products cleared into DTA. [Clause 86] This change will come into effect immediately owing to a declaration under the Provisional Collection of Taxes Act, 1931. AMENDMENT IN THE FIRST SCHEDULE TO THE CUSTOMS TARIFF ACT, 1975: 1) Tariff item 2402 20 60 is being omitted as a consequential change to amendment in the First Schedule to the Central Excise Tariff Act. 2) The tariff rate of basic customs duty on goods falling under tariff items 8517 62 90 and 8517 69 90 is being increased from Nil to 10%. 3) The unit quantity code against certain entries is being changed. [Clause 87] The changes at 1) and 2) will come into effect immediately owing to a declaration under the Provisional Collection of Taxes Act, 1931. RETROSPECTIVE EXEMTPIONS: 1) Liquefied Propane and Butane mixture, Liquefied Propane, Liquefied Butane and Liquefied Petroleum Gas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The BCD on anthracite coal and other coal is being reduced from 5% to 2.5%. The CVD on Anthracite coal, Coking coal and other Coal is being reduced from 6% to 2%. 2) Basic Customs Duty on metallurgical coke is being increased from Nil to 2.5%. 3) Exemption from Basic Customs Duty is being granted on re-gasified LNG for supply to Pakistan. 4) Liquefied Propane and Butane mixture, Liquefied Propane, Liquefied Butane and Liquefied Petroleum Gases (LPG) imported by the Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited or Bharat Petroleum Corporation Limited, for supply to Non-Domestic Exempted Category (NDEC) customers is being fully exempted retrospectively w.e.f. 08.02.2013. IV. TEXTILES: 1) The duty free entitlement for import of trimmings embellishments used by the readymade textile garment sector for manufacture of garments for export is being increased from 3% to 5%. 2) Non-fusible embroidery motifs or prints are being included in the list of items eligible to be imported duty free for manufacture of garments for export. 3) The list of specified goods required by handicraft manufacturer-exporters is being expanded by including wire rolls so as to provide Cu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ormation Technology Agreement) is being increased from NIL to 10%. 5) Special Additional Duty (SAD) on all inputs/components used in the manufacture of Personal Computers (laptops/desktops) and tablet computers is being exempted, subject to actual user condition. 6) Education cess and Secondary and Higher Education (SHE) cess is being levied on imported electronic products. 7) Full exemption from Special Additional Duty (SAD) is being provided on specified inputs (PVC sheet Ribbon) used in the manufacture of smart cards. 8) Basic Customs Duty is being reduced from 7.5% to NIL on E-Book readers. 9) CVD exemption on portable X-ray machine / system is being withdrawn. VIII. RENEWABLEENERGY: 1) Basic Customs Duty is being reduced from 10% to 5% on forged steel rings used in the manufacture of bearings of wind operated electricity generators. 2) Full exemption from Special Additional Duty is being provided on parts and components required for the manufacture of wind operated electricity generators. 3) Basic customs duty on machinery, equipments, etc. required for setting up of solar energy production projects is being reduced to 5%. 4) Full exemption from Basic Customs Duty is being pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e scope of exemption notification No.39/96-Customs dated 23.07.1996 [S.No.7] granting full exemption from BCD and CVD on goods imported for use in the manufacture of aircrafts for the Ministry of Defence is being clarified to the effect that the exemption is available to all materials in any form and articles thereof, subject to the overall condition that they conform to aeronautical specification accompanied with certificate of conformance/release note/airworthiness certificate for development. XII. AIRCRAFTS SHIPS: 1) It is being clarified that aircraft engines and parts thereof are eligible for duty exemption when imported for servicing, repair or maintenance of aircrafts used for scheduled operations. XIII. MISCELLANEOUS: 1) Tariff item 3903 19 90 is being deleted from notification No.10/2008-Customs, [India-Singapore Comprehensive Economic Co-operation Agreement (CECA)]. As a result, Basic Customs Duty on Polystyrene (other than moulding powder) is being increased from 1.15% to 7.5%. 2) Basic Customs Duty is being reduced from 5% to 2.5% on electrolysers and their parts/spares required by caustic soda or caustic potash units and membranes and their parts/spares required by ind ..... X X X X Extracts X X X X X X X X Extracts X X X X
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