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TMI BlogRESCINDED CUSTOMS NOTIFICATIONSX X X X Extracts X X X X X X X X Extracts X X X X ..... RESCINDED CUSTOMS NOTIFICATIONS - By: - Mr. M. GOVINDARAJAN - Customs - Import - Export - SEZ - Dated:- 8-2-2022 - - Introduction In tax matters many notifications are notified by the respective Board of taxes now and then. The notification may contain the new rules or amendment to rules, or rate of duty, amendment to the notifications issued earlier. Some notifications may become redundant due to the changes in law or for any other cause. Such redundant notifications ought to be rescinded whenever required. In the present budget scenario, the Central Government has rescinded many notifications in respect of customs duty, customs additional duty, anti dumping duty and countervailing duty. In this articles the details of notification ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s rescinded are provided for the benefit of readers. Customs Additional Duty Notification No. 04/2022-Customs Vide Notification No. 04/2022-Customs, dated 01.02.2022 the Central Government rescinded the following Notifications- Notification No. 190/1978 - Customs, dated 22.09.1978 Additional Duty of Customs on imports of transformer oil equivalent to such portion of the excise duty leviable on the raw material commonly known as transformer oil base stock or transformer oil feedstock. Notification No. 191/1978 Customs, dated 22.09.1978 - Transformer Oil falling under Heading 2710 of the First Schedule to the Act, when imported into India, shall be liable to such additional duty as may be determ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ined in accordance with the Transformer Oil (Additional Duty) Rules, 1978. This Notification came into effect from 02.02.2022. Customs Duty Notification No.05/2022-Customs Vide Notification No. 05/2022-Customs, dated 01.02.2022 the Central Government rescinded the following Notifications- Notification No. 10/1995 Customs, dated 07.03.1995 This notification has given exemption to inputs required for the manufacture of iron and steel intermediates when imported into India, from the whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) , subject to the conditions. Notification No. 26/1999 Customs, dated 28.02.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 999 This notification exempted specified goods imported by a manufacturer of linear alkyl benzene for extraction of N-Paraffin. Notification No. 27/2004 Customs, dated 23.01.2004 This notification granted concessional rate of duty on specified goods, imported into India for use in the manufacture of specified excisable goods. Notification No. 14/2006 Customs, dated 01.03.2006 This notification prescribed effective rate of basic customs duty on specified varieties of woven fabrics, falling under Chapter 52 , 54 , 55 and 58 of the First Schedule to the Customs Tariff Act, 1975 . Notification No. 48/2006 Customs, dated 26.05.2006 This notification reduced specific component of customs duty o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n specific tariff lines of Chapter 51 . Notification No. 90/2007 Customs, dated 26.07.2007 This notification exempted certain specified goods when imported into India , from the whole of the additional duty of customs leviable thereon under sub-section (1) of section 3 of the said Customs Tariff Act, subject to the conditions Notification No. 08/2011 Customs, dated 14.02.2011 This notification exempted j ute products falling under heading 5307 , 5310 , 5607 , 5705 of the First Schedule to the Customs Tariff Act, 1975, when imported from Bangladesh, or Nepal from the whole of the additional duty of customs, leviable thereon under sub-section (1) of section 3 of the said Customs Tariff Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Notification No. 24/2011 Customs, dated 01.03.2011 This notification exempted copper concentrates falling under the tariff item 2603 00 00 of the First Schedule to the Customs Tariff Act, 1975 , when imported into India, from so much of the duty of customs as is equivalent to the duty of customs leviable on the value of gold and silver contained in such copper concentrate, subject to the condition that the importer produces to the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, an assay certificate from the mining company specifying separately, the value of gold and silver content in such copper concentrate. Notification No. 49/2013 Customs, dated 29.11. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2013 This notification exempted goods of the description specified in the Table and falling within the First Schedule to the Customs Tariff Act,1975 , when imported into India, from the whole of the duty of customs leviable thereon which is specified in the said First Schedule and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act,1975 subject to the condition that the importer produces, at the time of clearance of the said goods, before the jurisdictional Assistant or Deputy Commissioner of Customs, as the case may be, a certificate from an officer not below the rank of Deputy Secretary to the Government of India in the Ministry of Health and Family Wel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fare to the effect that the said goods are required for the Revised National Tuberculosis Control Programme funded by the Global Fund to fight AIDS, Tuberculosis and Malaria. Notification No. 23/2014 Customs, dated 11.07.2014 This notification exempted the goods mentioned Table, when imported into India, from the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act , subject to the condition that the importer produces, prior to clearance of the said goods, before the Assistant Commissioner of Customs or Deputy Commissioner of Cust ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oms having jurisdiction, a certificate from an officer not below the rank of Deputy Secretary to the Government of India in the Ministry of Health and Family Welfare to the effect that the said goods are required for the National AIDS Control Programme funded by Global Fund to fight AIDS, TB and Malaria (GFATM). Notification No. 37/2015 Customs, dated 10.06.2015 This notification exempted the goods Table, when imported into India, from the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act , subject to the condition that the imp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orter produces, prior to clearance of the said goods, before the Assistant Commissioner of Customs or Deputy Commissioner of Customs having jurisdiction, a certificate from an officer not below the rank of Deputy Secretary to the Government of India in the Ministry of Health and Family Welfare to the effect that the said goods are required for the National AIDS Control Programme funded by Global Fund to fight AIDS, TB and Malaria (GFATM). Notification No. 20/2020 Customs, dated 09.04.2020 This notification granted exemption to on ventilators, personal protection equipments, COVID 19 testing kids and inputs for these goods. Notification No. 40/2020 Customs , dated 28.10.2020 This notification prescribed concessio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nal duty rate on potato imports with the prescribed Tariff Rate Quota (TRQ) till 31.01.2021. Notification No. 82/2017 Customs, dated 27.10.2017 This notification prescribed effective rate of duty under Chapters 50 to 63 on textile products. Anti Dumping Duty Notification No.07/2022-Customs (ADD) Vide Notification No. 07/2022-Customs (ADD), dated 01.02.2022 the Central Government rescinded the Notification No.16/2020 Customs (ADD), dated 23.06.2012 to rescind the anti dumping duty imposed on imports of Flat Rolled Product of steel, plated or coated with alloy of Aluminium or Zinc originating in or exported from China PR, Vietnam and Korea RP. Notification No. 05/2022-Customs (ADD) Vide N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... otification No. 05/2022-Customs (ADD), dated 01.02.2022 the Central Government rescinded the Notification No. 54/2018-Customs (ADD), dated 18.10.2018 to rescind the anti dumping duty imposed on Straight Length Bars and Rods of alloy-Steel originating in or exported from China PR. Notification No. 06/2022 Customs (ADD) Vide Notification No. 06/2022-Customs (ADD), dated 01.02.2022 rescinded the Notification No. 38/2019 Customs (ADD), dated 25.09.2019 to rescind the anti dumping duty for imposed on imports of High Speed Diesel of Non Cobalt Grade originating in or exported from Brazil, China PR and Germany. Countervailing duty Notification No.01/2022 Vide Notification No. 01/2022-Customs (CVD), d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ated 01.02.2022 the Central Government rescinded the Notification No. 01/2017- Customs (CVD), dated 07.09.2017 to rescind the countervailing duty imposed on imports of certain Hot rolled and Cold rolled stainless stainless steel flat products originating in or exported from China PR. Notification No 05/2022-Customs Notification No. 11/2016 Customs, dated 01.03.2016 Vide Notification No. 11/2016 Customs, dated 01.02.2022 the Central Government exempted CVD on imported media with recorded Information Technology Software on so much value as is equivalent to the value of Information Technology Software recorded on the said media which is leviable to service tax under Finance Act, 1994. - - Scholarly artic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les for knowledge sharing authors experts professionals Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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