Ministry of Finance issued Notification No. 02/2025-Customs on January 16, 2025, amending Notification No. 19/2019-Customs dated July 6, 2019. The amendment modifies the description of exempted items under Sl. No. 21 in the table of the original notification.
The updated description now includes “systems, sub-systems, equipment, parts, sub-parts, tools, test equipment, and software meant for the Long Range Surface to Air Missile System (LRSAM).” These items are eligible for customs duty exemptions under Section 25 of the Customs Act, 1962, and Section 3(12) of the Customs Tariff Act, 1975.
This notification is effective immediately and ensures clarity regarding exemptions for components associated with the LRSAM. It aligns with the government’s objective to streamline import processes for critical defense systems.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 02/2025-Customs | Dated:16th January, 2025
G.S.R. 64(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. 19/2019-Customs, dated the 6th July, 2019, published in the Gazette of India, Extraordinary, Part II, section 3,sub-section (i), vide number G.S.R. 476(E), namely :-
In the said notification, in the Table, against Sl. No. 21, in column (3), for item (II), the following shall be substituted namely:
“(II) Systems, sub-systems, equipment, parts, sub-parts, tools, test equipment, software meant for Long Range Surface to Air Missile System (LRSAM)”
2. This notification shall come into force with immediate effect.
[F. No. 190354/2/2025-TRU]
AMREETA TITUS, Dy. Secy.
Note:- The principal notification No. 19/2019-Customs, dated the 6th July, 2019, was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i), vide number G.S.R. 476(E), dated the 6th July, 2019 and was last amended vide notification No. 26/2024-Customs, dated the 27th June, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 352(E), dated the 27th June, 2024.
