CUSTOMS Notification No 42 of 2019 dated 31st December, 2019

 

Notification No 42/2019 Customs date on 31st December, 2019 

 

 

Seeks to amend notification No. 53/2011-Customs dated 01st July, 2011 so as to provide deeper tariff concessions in respect of specified goods imported from Malaysia under the India-Malaysia Comprehensive Economic Cooperation Agreement (IMCECA) w.e.f. 01.01.2020. 

The extract of CUSTOMS Notification No. 42/2019- CUSTOMS is given below: 

 Notification No. 42/2019-CUSTOMS

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE) 

Notification No. 42/2019-Customs

 

New Delhi, dated the 31st December, 2019

 

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), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.53/2011-Customs, dated the 1st July, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 499 (E), dated the 1st July, 2011, namely:-

 

In the said notification, in the Table,-

 

(i)     against serial number 84, for the entry in column (4), the entry “45.0”, shall be substituted;

 

(ii)   against serial number 85, for the entry in column (4), the entry “45.0”, shall be substituted;

 

(iii)against serial number 87, for the entry in column (4), the entry”50.0”, shall be substituted;

 

(iv) against serial number 129, for the entry in column (4), the entry “37.50”, shall be substituted;

 

(v)   against serial number 324, in column (2), for the figures “2915 90 30”, the figures “2915 9091” shall be substituted;

 

(vi) against serial number 351, in column (2), for the figures “29209099”, the figures “29209000” shall be substituted;

 

(vii)  against serial number 486, in column (2), for the figures “3901 40 00”, the figures “3901 40” shall be substituted;

 

(viii)   against serial number 1427, in column (2), for the figures “852560”, the figures “8525 60 00” shall be substituted;

 

(ix) against serial number 1432, in column (2), for the figures “85279911”, the figures “85279900” shall be substituted;

 

(x)   against serial number 1433, in column (2), for the figures “85279912”, the figures “85284200” shall be substituted.

 

  1. This notification shall come into force with effect from the 1st day of January, 2020.

 

[F. No. 354/43/2009-TRU (Pt.-I)] 

(Gunjan Kumar Verma) 

Under Secretary to the Government of India

 

Note: The principal notification No. 53/2011-Customs, dated the 1st July, 2011 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 499 (E), dated the 1st July, 2011 and was last amended vide notification No. 29/2019-Customs, dated the 4th September, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 632 (E), dated the 4th September, 2019.

 

 

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

How to import goods?

Pre-Import Procedure

Export Procedures and Documentation

Why Prohibition to import goods

What is a Letter of credit in International Trade?

What is an Advance Payment in International Trade?

What do you know about a Special Economic Zones or SEZ?

What do you know about Deemed Exports?

What are Project exports?

Who is a Manufacturer Exporter?

Tips for Merchant Exporters

Define a Merchant Exporter.

What is Demurrage?

Benefits of international trade agreements

What is a Multilateral Agreement?

Define Bilateral Agreement

Explain an Unilateral Agreement.

GST on Imports in India

Difference between CGST and SGST

What is SGST in brief?

What is IGST in brief?

GST exemption list of goods and service

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

Can a person without GST registration claim ITC?

 Why separate Registration of GST in each state in India, for each business.

How to claim IGST refund on exports?

Export procedure changes after GST implementation

Section 119 Sums due to be paid notwithstanding appeal, of CGST Act, 2017       

Orders of Appellate Tribunal, Sec 113 of CGST Act, 2017

Sec 106 of CGST Act, 2017 Procedure of Authority and Appellate Authority

Term provisional assessment under GST 

Migration of existing taxpayers under GST 

Meaning of term Principles of levy under GST 

Term Principle of supply under GST

 


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers