CUSTOMS Notification No 60 of 2018 dated 11th September, 2018

Notification no 60/2018 Customs date on 11th September, 2018

 

seeks to amend notification No. 158/95-Customs dated 14th November, 1995 to allow re-import of certain indigenously manufactured electronic goods, for repair and reconditioning within seven years from the date of exportation, without payment of basic customs duty subject to the condition that the goods are re­-exported back after repair and reconditioning within one year from the date of re-importation. 

The extract of CUSTOMS Notification No. 60/2018- CUSTOMS is given below:

 Notification No. 60/2018-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. 60/2018 – Customs

 

New Delhi, the 11th September, 2018

 

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), and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), 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. 158 / 95-Customs, dated the 14th November, 1995, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 744(E), dated the 14th November, 1995, namely :-

 

In the said notification, 

  1. In the Table,

 

(i)    against serial number 1, in column (2), after the word "reconditioning", the words “, other than the goods specified in Annexure " shall be inserted; 

(ii)  after serial number 2 and the entries relating thereto, the following serial number and entries shall be added, namely:- 

 

(1)

(2)

 

 

(3)

“3   Goods as specified

1.

Such re-importation takes place within 7 years from the date of

in

Annexure,

 

exportation;

manufactured

in

 

Provided that such re-importation takes place within 10 years

India

and

re-

 

from the date of exportation in case of Nepal and Bhutan.

imported into India

2.

Goods are re-exported within one year of the date of re-

for  repairs  or

for

 

importation;

reconditioning

 

3.

The Assistant/Deputy Commissioner of Customs is satisfied as

 

 

 

 

regards identity of the goods;

 

  1.   The importers at the time of importation executes a bond undertaking to – 

(a) export the goods after repairs or reconditioning within the period as stipulated;

 

(b)  pay, on demand, in the event of his failure to comply with any of the aforesaid conditions, an amount equal to the difference between the duty levied at the time of re-import and the duty leviable on such goods at the time of importation but for the exemption contained herein”. 

 

  1. after the Table, the following Annexure shall be added, namely:-

 

 

Annexure

 

 

S.No. Heading or sub–

                        Description of Goods

heading or tariff

 

item

 

  1.              8443 31 00           Machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network

   2.            8471 30,

              8471 41, 

              8471 49 00,           Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data on to data media in coded form and machines 

             8471 50 00             for processing such data, not elsewhere specified or included

 

3.

8472 90 30

Automatic bank note dispensers

 

 

 

 

4.

8504 40

Static converters

 

 

 

 

5.

8517

Telephone sets including telephones for cellular networks or for

 

 

 

other wireless networks; other apparatus for the transmission or

 

 

reception of voice, images or other data, including apparatus for

 

 

communication in a wired or wireless network (such as a local or

 

 

wide  area  networks),  other  than  transmission  or  reception

 

 

apparatus of heading 8443, 8525, 8527 or 8528

 

 

 

6.

8518 40 00

Audio-frequency electric amplifiers

 

 

 

 

7.

8518 50 00

Electric sound amplifier sets

 

 

 

 

8.

8525

Transmission  apparatus  for  radio-broadcasting  or  television,

 

 

 

whether  or  not  incorporating  reception  apparatus  or  sound

 

 

recording or reproducing apparatus; television cameras, digital

 

 

cameras and video camera recorders

 

 

 

9.

8526

Radar apparatus, radio navigational aid apparatus and radio remote 

 

                          control apparatus


 10.        8528 62 00      Projectors: Capable of directly connecting to and designed for use with an automatic data processing machine of heading 8471

 11.        8528 71 00     Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus:

                                 Not designed to incorporate a video display or screen

 

12.

8528 72

colour TVs

 

13.

8531 20 00

Indicator panels incorporating liquid crystal devices (LCD) or light

 

 

 

emitting diodes (LED)

 

 

 

14.

9018 11 00

Electro-cardiographs

 

 

 

 

15.

9018 12

Ultrasonic scanning apparatus

 

 

 

 

16.

9018 13

Magnetic resonance imaging apparatus

 

 

 

 

17.

9018 19 10

Electro encephalographs

 

 

 

 

18.

9018 19 20

Echo cardiograph

 

 

 

 

19.

9021 40

Hearing aids

 

 

 

 

20.

9022

Apparatus based on the use of X-rays or of alpha, beta or gamma

 

 

 

radiations,  whether  or  not  for  medical,  surgical,  dental  or

 

 

veterinary uses, including radiography or radiotherapy apparatus,

 

 

X-ray tubes and other X-ray generators,  high tension generators,

 

 

control  panels  and  desks,  screens,  examination  or  treatment

 

 

tables, chairs and the like

 

 

 

21.

9027

Instruments and apparatus for physical or chemical analysis (for

 

 

 

example, polarimeter, refractometers, spectrometers, gas or smoke

 

 

analysis apparatus); instruments and apparatus for measuring or

 

 

checking viscosity, porosity, expansion, surface tension or the like;

 

 

instruments  and apparatus for  measuring or checking quantities

 

 

of heat, sound or light (including exposure meters); microtomes

 

 

 

22.

9028 30

Gas, liquid or electricity supply or production meters, including

 

 

 

calibrating meters therefor

 

 

-   Electricity meters

 

 

 

23.

9030

Oscilloscopes,  spectrum  analysers  and  other  instruments  and

 

 

 

apparatus  for  measuring  or  checking  electrical  quantities,

 

 

excluding meters of heading 9028; instruments and apparatus for

 

 

measuring or detecting alpha, beta, gamma, x-ray, cosmic or

 

 

other ionizing radiations

 

 

 

24.

9032

Automatic regulating or controlling instruments and apparatus

 

 

[F.No. 356/13/2014-TRU (Pt)] 

(Gunjan Kumar Verma)

 

Under Secretary to the Government of India

 

Note: The principal notification No. 158/95-Customs, dated the 14th November, 1995 was published in the Gazette of India, Extraordinary, Part II, Section-3, Sub-section (i), vide number G.S.R.744(E), dated the 14th November, 1995 and last amended by notification No. 43/2017-Customs, dated the 30th June, 2017, vide number G.S.R. 778 (E), dated the 30th June, 2017.


Discussion Forum

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