Explanatory Memoranda to various Notifications issued on 1st February 2025 detail significant amendments in customs and excise duties, along with specific exemptions for various goods. Notification Nos. 03/2025 to 13/2025-Customs introduce amendments to earlier notifications, addressing changes in export duties, exemption of import duties, and updates on Basic Customs Duty (BCD) related matters. Key changes include reductions in export duties on crust leather, exemptions for specified goods from Social Welfare Surcharge, and BCD rate changes for parts used in mobile phone manufacturing. The memoranda also address amendments to notifications related to drugs for patient assistance programs and capital goods for lithium-ion battery and electric vehicle manufacturing. Notification No. 07/2025-Customs (N.T.) extends certain timelines under the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022. Additionally, the Explanatory Memorandum to Notification No. 01/2025-Central Excise discusses the extension of the date for implementing additional excise duties on unblended diesel. These amendments reflect adjustments aimed at promoting industry growth, managing tariffs, and optimizing trade regulations.
Explanatory Memoranda to Notification Nos. 03/2025-Customs to 13/2025-Customs, dated 1st February, 2025: –
| S. No. |
Notification No. | Description |
| 1. | 03/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 27/2011-Customs dated 30th June, 2017 so as to reduce the export duty on crust leather. |
| 2. | 04/2025-Customs, dated 1st February 2025 | Seeks to exempt the import duty on goods which are being rationalized in the tariff. |
| 3. | 05/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 50/2017-Customs dated the 30th June, 2017 so as to notify BCD related changes. |
| 4. | 06/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 11/2021-Customs dated the 01st February, 2021 to prescribe effective rates of AIDC to certain goods. |
| 5. | 07/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 11/2018-Customs dated 02th February, 2018 so as to exempt specified goods from the whole of levy of Social Welfare Surcharge. |
| 6. | 08/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 22/2022-Customs, dated the 30th April, 2022. |
| 7. | 09/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 16/2017-Customs, dated the 20th April, 2017 so to exempt certain drugs for supply under Patient Assistance Programme run by specified pharmaceutical companies. |
| 8. | 10/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 57/2017 dated 30th June, 2017 so as to change BCD rates on inputs/parts used for manufacture of parts of cellular mobile phones along with other high technology telecom equipments. |
| 9. | 11/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 25/2002-Customs, dated the 1st March, 2002 so as to add capital goods to the already existing list of capital goods exempted from basic customs duty for manufacture of lithium-ion battery of mobile phones and electrically operated vehicles. |
| 10. | 12/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 19/2019 dated 06th July 2019. |
| 11. | 13/2025-Customs, dated 1st February 2025 | Seeks to further amend notification No. 153/94-Customs dated 13th July, 1994. |
Explanatory Memoranda to Notification No. 07/2025-Customs (N.T.), dated 1st February, 2025: –
| S. No. |
Notification No. | Description |
| 1. | Notification No. 07/2025 – Customs (N.T.) dated 01st February, 2025 | Seeks to Amend Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 to extend certain timelines. |
Explanatory Memoranda to Notification No. 01/2025-Central Excise, dated 1st February, 2025: –
| S. No. |
Notification No. | Description |
| 1. | 01/2025-Central Excise, dated 1st February 2025 | Seeks to further amend notification No. 11/2017-Central Excise dated 30th June, 2017 so as to extend the date of implementation of additional duty of excise on unblended diesel. |
