CBIC further amends notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe 5% BCD on Open Cell for LED/LCD TV Panels vide Notification No. 35/2020-Customs dated 30th November 2020.
MINISTRY OF FINANCE
(Department of Revenue)
New Delhi, the 30th September, 2020
Notification No. 35/2020-CUSTOMS
G.S.R. 599(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), notification No. 50/2017-Customs dated 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, –
(i) in the Table, against S. No. 515A, for the entry in column (4), the entry “5%” shall be substituted;
(ii) in the first proviso, clause (d) shall be omitted.
2. This notification shall come into force with effect from the 1st day of October, 2020.
[F. No. 354/20/2017-TRU (Pt.II)]
J. S. KANDHARI, Dy. Secy.
Note : The principal notification No. 50/2017-Customs dated 30th June, 2017 was 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 and last amended vide notification No. 34/2020-Customs, dated the 17th September, 2020, published vide number G.S.R. 567 (E), dated the 17th September, 2020.
