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Explanatory Memoranda to notification Nos. 3 to 6/2017-Customs, dated 2.2.2017

Sl. No. Notification No. Description
1. 3/2017-Customs Seeks to further amend Notification No. 27/2011-Customs dated 1.3.2011.
2. 4/2017-Customs Seeks to further amend Notification No. 21/2012-Customs, dated the 17.03.2012 so as to specify the rate of additional duty of customs leviable under sub-section 3(5) of Customs Tariff Act, 1975 for items specified therein.
3. 5/2017-Customs Seeks to reduce Basic Customs Duty from 10/7.5 % to 5% on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen.
4. 6/2017-Customs Seeks to further amend Notification No. 12/2012-Customs, dated the 17.3.2012 so as to carry out Budgetary changes. Details are contained in Joint Secretary (TRU – I) DO letter dated 31 .1 .201 7.

Explanatory Memoranda to notification Nos. 3 to 7/2017-Central Excise, dated 2.2.2017

Sl. No. Notification No. Description
1. 3/2017-Central Excise Seeks to further amend Notification No. 6/2005-Central Excise dated 1.3.2005 so as to carry out Budgetary changes.
2. 4/2017-Central Excise Seeks to further amend Notification No. 42/2008-Central Excise dated 1.7.2008 so as to carry out Budgetary changes.
3. 5/2017-Central Excise Seeks to prescribe 6% concessional excise/CV duty on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen.
4. 6/2017-Central Excise Seeks to amend Notification No. 12/2012-Central Excise dated 17.03.2012 so as to carry out Budgetary changes.
5. 7/2017-Central Excise Seeks to amend Notification No. 16/2010-Central Excise dated 27.2.2010 so as to carry out Budgetary changes.

Explanatory Memoranda to notification Nos. 2 to 5/2017-Central Excise (N.T.), dated 2.2.2017

Notification No. Description
1. 2/2017-Central Excise (NT) Seeks to amend Notification No. 30/2008-Central Excise dated 1.7.2008.
2. 3/2017-Central Excise (NT) Seeks to amend Notification No. 11/2010-Central Excise (N.T) dated 27.2.201 0.
3. 4/2017-Central Excise (NT) Seeks to further amend CEN VAT Credit Rules, 2004
4. 5/2017-Central Excise (NT) Seeks to further amend Central Excise Rules, 2002

Explanatory Memoranda to notification No. 7/2017-Service Tax, dated 2.2.2017

Sl. No. Notification No. Issue
1. 7/2017-Service Tax Seeks to amend notification No. 25/2012-Service Tax, dated 20th June 2012, so as to amend certain existing entries granting exemption on specified services and inserting new entries for granting exemption from service tax on specified services.

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