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TMI BlogCUSTOMSX X X X Extracts X X X X X X X X Extracts X X X X ..... definition of a Customs Station in clause (13); (c) omit certain words in clause (13) to align with the proposed omission of Section 82; (d) provide that the existing definition of exporter in clause (20) includes the beneficial owner; (e) provide that the existing definition of importer in clause (26) includes the beneficial owner; (f) insert clause (30B) so as to define passenger name record information; (g) define Foreign Post Office and International Courier Terminal. [88] 2. Section 7 is being amended to empower the Board to notify Foreign Post Offices and International Courier Terminals. [89] 3. Section 17 is being amended to rationalize the requirement of documents for verification of self assessment. [90] 4. Sub-section (2) of section 27 is being amended so as to keep outside the ambit of unjust enrichment, the refund of duty paid in excess by the importer before an order permitting clearance of goods for home consumption is made, where- (i) such excess payment is evident from the bill of entry in the case of self- assessed bill of entry or (ii) the duty actually payable is reflected in the reassessed bill of entry in the case of reassessment. [91] 5. Clause (e) of section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a place outside India or any other person as may be specified by the Central Government by notification in the Official Gazette, to deliver to the proper officer the passenger and crew departure manifest and passenger name record information of departing passengers before the departure of the conveyance in such form, containing such particulars, in such manner and within such time as may be prescribed. The section also intends to provide for a penalty not exceeding fifty thousand rupees as may be prescribed in the case of delay in delivering the information. [98] 12. Sub-section (3) of section 46 is being substituted so as to make it mandatory to file the bill of entry before the end of the next day following the day (excluding holidays) on which the vessel or aircraft or vehicle carrying the goods arrives at a customs station at which such goods are to be cleared for home consumption or warehousing and to provide for imposition of such charges for late presentation of the bill of entry as may be prescribed. [99] 13. Sub-section (2) of section 47 is being amended so as to provide the manner of payment of duty and interest thereon in the case of self-assessed bills of entry or, as t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (iii) Substitute tariff items 3823 11 11 to 3823 11 90 and entries relating thereto with tariff item 3823 11 00. (iv) Substitute tariff items 3904 10 10 to 3904 22 90 with tariff items 3904 10 10 to 3904 22 00 in relation to the PVC Resin. [109(b)] 2. To amend Chapter Note (4) of Chapter 98 so as to remove the non-applicability of headings 9803 and 9804 to goods imported through courier service. Also, to amend heading 9804 so as to extend the classification of personal imports by courier, sea, or land under this heading. [109(b)] B. Amendments affecting rates of BCD [Clause 109(a) of the Finance Bill, 2017] Rate of Duty Commodity From To 1. Cashew nut, roasted, salted or roasted and salted 30% 45% 2. RO membrane element for household type filters 7.5% 10% The amendments involving increase in the duty rates will come into effect immediately owing to a declaration under the Provisional Collection of Taxes Act, 1931. IV. AMENDMENT IN THE SECOND SCHEDULE TO THE CUSTOMS TARIFF ACT, 1975 [Clause 110 of the Finance Bill, 2017] S. No. Amendment Amendments affecting rates of Export duty Rate of Duty From To Ores and concentrates 1. Other aluminium ores and concentrates Nil 30% The above am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... C systems BCD 10% BCD 2.5% H. Electronics/Hardware 16. Populated Printed Circuit Boards (PCBs) for the manufacture of mobile phones, subject to actual user condition SAD Nil SAD 2% I. Renewable Energy 17. Solar tempered glass for use in the manufacture of solar cells/panels/modules subject to actual user condition BCD 5% BCD Nil 18. Parts/raw materials for manufacture of solar tempered glass for use in solar photovoltaic cells/modules, solar power generating equipment or systems, flat plate solar collector, solar photovoltaic module and panel for water pumping and other applications, subject to actual user condition CVD 12.5% CVD 6% 19. Resin and catalyst for manufacture of cast components for Wind Operated Energy Generators [WOEG], subject to actual user condition BCD 7.5% CVD 12.5% SAD 4% BCD 5% CVD Nil SAD Nil 20. All items of machinery required for fuel cell based power generating systems to be set up in the country or for demonstration purposes, subject to certain specified conditions BCD 10%/7.5% CVD 12.5% BCD 5% CVD 6% 21. All items of machinery required for balance of systems operating on biogas/bio-methane/by-product hydrogen, subject to certain specified conditions BCD 10 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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