The Ministry of Finance, under Notification No. 47/2024-Customs dated November 13, 2024, has amended the existing customs duty exemption framework outlined in Notification No. 50/2017-Customs. Under this amendment, Condition No. 48 now includes provisions for direct supplies to the armed forces of the Union under the Ministry of Defence and to government departments. This change, effective November 14, 2024, enables eligible entities to directly procure goods duty-free, as per public interest considerations established under Section 25 of the Customs Act, 1962, and Section 3 of the Customs Tariff Act, 1975. This revision expands on the previous provisions that required such transactions to go through certain government channels, facilitating streamlined duty-free imports for defense and governmental use.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 47/2024-Customs | Dated: 13th November, 2024
G.S.R. 705(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 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, in the ANNEXURE, in Condition No. 48, in Condition (d), after the words, ‘Central Government for this purpose’, the words “or directly either to armed forces of the Union under the Ministry of Defence or Government Departments” shall be inserted.
2. This notification shall come into force from the 14th day of November, 2024.
[F. No. 190354/172/2024-TRU]
Amreeta Titus, Dy. Secy.
Note: The principal notification No. 50/2017-Customs, dated the 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 was last amended vide notification No. 45/2024-Customs, dated the 30th September, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 604(E), dated the 30th September, 2024.
