CBIC amends Notification No. 50/2017 dated 30th June 2017, to amend entry related to Spent catalysts and ash containing precious metals vide Notification No. 03/2024 -Customs | Dated: 22nd January, 2024.
The significant change introduced by this notification pertains to S. No. 364A in the Table of the previous notification (No. 50/2017-Customs, dated 30th June 2017). In column (4) against S. No. 364A, the previous entry is replaced with the new entry “10%.” This alteration implies a revision in the tariff rate associated with S. No. 364A, with the rate now fixed at 10%.
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 03/2024-Customs | Dated: 22nd January, 2024
G.S.R. 53(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 Table, against S. No. 364A, in column (4), for the entry, the entry “10%” shall be substituted.
[F. No. CBIC-190341/4/2024-TO(TRU-I)]
RAKESH DAHIYA, Director
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 last amended vide notification No. 60/2023-Customs, dated the 19th October, 2023 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 758 (E)., dated the 19th October, 2023.
