Budget 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.
Ministry of Finance has issued Notification No. 07/2025-Customs, amending Notification No. 11/2018-Customs to modify import duties on various goods. Effective February 2, 2025, the changes impact product categories including vehicles, jewelry, medical equipment, and electronic items. The notification introduces new duty rates for goods such as PVC flex films, electric components, and automobiles while omitting certain prior exemptions. It revises duty structures for medical instruments under headings 9018 to 9022 and updates the classifications for items under Chapter 98. Additionally, specific tariff items related to gold, silver, and platinum jewelry, as well as motorcycles and smart meters, are reclassified for duty adjustments. The amendments align import duties with economic policies aimed at regulating foreign trade and supporting domestic industries.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 07/2025-Customs| Dated: 1st February, 2025
G.S.R. 100(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 110 of the Finance Act, 2018 (13 of 2018), 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. 11/2018-Customs, dated the 2nd February, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 114(E), dated the 2nd February, 2018, namely:-
In the said notification, in the TABLE, –
I. against No. 1, in column (2),
(i) after the figures “3105 90,”, the figures “3406,” shall be inserted;
(ii) after the figures “6302 31 00,”, the figures “6401, 6402, 6403, 6404, 6405,” shall be inserted;
(iii) after the figures “7117,”, the figures “8702, 8704,” shall be inserted;
(iv) after the figures “8712 00 ”, the figures “ ,8903, 9401, 9403, 9404, 9405, 9503 00 91. ” shall be inserted;
II. No. 8 and the entries relating thereto shall be omitted;
III. after No. 8 and the entries relating thereto, the following Sl. No. and the entries shall be inserted, namely: –
| (1) | (2) |
| “8A. | All goods covered under Sl. No. 13AB of the Table in the notification No. 11/2021- Customs dated 1st February, 2021, published in the Gazette of India vide number G.S.R. 69(E) dated the 1st February, 2021. |
| 8B. | All goods falling under tariff items 8541 42 00, 8541 43 00 or 8541 49 00 other than goods on which exemption from basic customs duty is claimed and allowed under the following notifications, namely: –
(i) published in the Gazette of India vide number G.S.R. 303(E), dated the 23rd July, 1996; (ii) notification No. 24/2005-Customs, dated the 1st March, 2005, published in the Gazette of India vide number G.S.R. 122(E), dated the 1st March, 2005. |
| 8C. | All goods falling under heading 8711 other than those covered under S. Nos. 531 and 531A of the notification No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India vide number G.S.R. 785(E), dated the 30th June, 2017. |
| 8D. | All goods falling under tariff item 9028 30 10 other than goods covered under S. No. 581A of the notification No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India vide number G.S.R.785(E), dated the 30th June, 2017. |
| 8E. | All goods falling under tariff item 9802 00 00 other than goods covered under S. No. 606A of the notification No. 50/2017- customs, dated the 30th June, 2017, published in the Gazette of India vide number G.S.R. 785(E), dated the 30th June, 2017. |
| 8F. | All goods falling under chapter 98 and covered under Sl. No. 15D of the notification No. 11/2021-Customs, dated the 2nd February, 2021 published in the Gazette of India
vide number G.S.R. 69(E), dated the 2nd February, 2021. |
| 8G. | All goods falling under heading 9803. |
| 8H. | All goods falling under heading 9804 other than goods covered under S. No. 608 of the notification No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India vide number G.S.R. 785(E), dated the 30th June, 2017.”; |
IV. No. 53 and the entries relating thereto shall be omitted;
V. against No. 55, in column (2), for the entry, the following entry shall be substituted, namely: – “All goods falling under heading 7113.”;
VI. against No. 56, in column (2), for the entry, the following entry shall be substituted, namely: – “All goods falling under heading 7114.”;
VII. after No. 56A and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely: –
| “56B. | All goods covered under S. Nos. 356 and 357 of the Table in the notification No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India vide number G.S.R. 785(E), dated the 30th June, 2017. |
| 56C. | All goods falling under headings 9018, 9019, 9020, 9021 or 9022 other than goods on which exemption is claimed and allowed under notification No. 8/2020-Customs, dated the 2nd February, 2020, published in the Gazette of India vide number G.S.R. 68(E),dated the 2nd February, 2020.”; |
VIII. against No. 57, in column (2), for the entry, the following entry shall be substituted, namely: –
“All goods falling under heading 8703 other than those covered under column (3), sub-item (a), of item (1) of S. Nos. 526 and 526A of the notification No. 50/2017- Customs, dated the 30th June, 2017, published in the Gazette of India vide number G.S.R. 785(E), dated the 30th June, 2017.”.
2. This notification shall come into force on the 2nd day of February, 2025.
[F. No. 334/03/2025-TRU]
(Amreeta Titus)
Deputy Secretary to the Government of India
Note: The principal notification No. 11/2018-Customs, dated the 2nd February, 2018 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 114(E), dated the 2nd February, 2018 and last amended vide notification No. 20/2024-Customs, dated the 15th March, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 207(E), dated the 15th March, 2024.
