Notification no. 77/2017 Customs date on 13th October, 2017

 

Customs seeks to amend notification No. 50/2017-Customs to prescribe BCD and IGST rates on certain goods

 

The extract of CUSTOMS Notification No. 77/2017- CUSTOMS is given below:

 

Notification No. 77/2017-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. 77/2017-Customs

 

New Delhi, the 13^th October 2017

 

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 Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-

 

In the said notification,

 

(a)  in the Table, -

 

(i)                 after serial number 212 and the entries relating thereto, the following serial number and entries shall be inserted, namely: -

 

“212A	30	Medicines/drugs/vaccines				supplied  free		Nil	Nil	103”;
		by	United	Nations		International
		Children's  Emergency			Fund		(UNICEF),
		Red	Cross	or	an	International
		Organisation		subject		to	specified
		conditions.
		Explanation:  For  the  purpose  of  this
		notification, -
		“International  Organisation  means  an
		International  Organisation  to  which  the
		Central  Government  has  declared,  in
		pursuance  of  section  3  of  the  United
		Nations (Privileges and Immunities Act)
		1947 (46 of 1947), that the provisions of
		the Schedule to the said Act shall apply.

 

(ii)              after serial number 359 and the entries relating thereto, the following serial number and entries shall be inserted, namely: -

 

“359A	71	Import  of  gold  by specified  banks  and	-	Nil	-”;
		specified Public Sector Units (as per List
		34).

 

(iii)            after S. No. 557 and the entries relating thereto, the following shall be inserted, namely: -

 

“557A	89	Rigs and ancillary items imported for oil or	-	Nil	102”;
		gas  exploration  and  production  taken  on
		lease by the importer for use after import.

(iv)		after  S.  No.  608  and  the  entries  relating  thereto,  the  following  shall  be
		inserted, namely: -
“608A		9804	Bonafide  gifts  imported  by	post  or  air	Nil	Nil	-”
			upto CIF value limit of 5000 rupees and
			exempted from any prohibition in respect
			of the imports thereof under the Foreign
			Trade  (Development  and	Regulation)
			Act, 1992 (22 of 1992)
(b) in the Annexure,
(i)		after condition No. 102, the following condition shall be inserted, namely: -
Condition No.				Condition
“103			If the importer at the time of import-
			(1) furnishes a certificate from an officer not below the rank of a Deputy
			Secretary to the Government of India in the Department of Health and
			Family Welfare, Government of India, to the effect that the imported
			medicines or drugs or vaccines (in respect of description, quantity and
			technical specifications) are supplied by United Nations International
			Children's Emergency Fund (UNICEF), Red Cross or an international
			organisation and are required for Central Government/State Government
			sponsored immunisation programmes; and
			(2) furnishes an undertaking to the Deputy Commissioner of Customs or
			the Assistant Commissioner of Customs, as the case may be, to the
			effect that the imported goods shall be used for the above purpose and
			he shall pay, on demand, in the event of his failure to use the imported
			goods for the above purpose, an amount equal to the difference between
			the duty leviable on such quantity of the imported goods but for the
			exemption under this notification”;

 

(ii)                   after List 33 and the entries relating thereto, the following list and entries shall be inserted namely: -

 

“List 34 (See S. No. 359A of the Table)

 

1. Allahabad Bank
2. Axis Bank
3. Bank of Baroda
4. Bank of India
5. Bank of Nova Scotia
6. Canara Bank
7. Corporation Bank
8. Andhra Bank
9. The Federal Bank Ltd
10. HDFC Bank
11. ICICI Bank
12. Indian Bank
13. IndusInd Bank Ltd
14. Indian Overseas Bank
15. Kotak Mahindra Bank
16. Oriental Bank of Commerce
17. Punjab National Bank
18. State Bank of India
19. Syndicate Bank
20. Union Bank of India
21. Bank of Maharashtra
22. Central Bank of India
23. City Union Bank Ltd
24. Dhan laxmi Bank
25. ING Vysya Bank
26. Karur Vysya Bank
27. Punjab and Sind Bank
28. South Indian Bank
29. Standard Chartered Bank
30. State Bank of Bikaner and Jaipur
31. State Bank of Hyderabad
32. State Bank of Mysore
33. State Bank of Patiala
34. State Bank of Travancore
35. Yes Bank
36. Dena Bank
37. Metals and Minerals Trading Corporation of India (MMTC)
38. The Handicraft and Handlooms Exports Corporation of India Ltd
39. PEC Limited
40. The State Trading Corporation of India Ltd
41. MSTC Ltd”