Notification No. 46/2023-Customs issued by Ministry of Finance (Department of Revenue) on 26th July, 2023, makes amendments to customs Notification No. 45/2017-Customs,, Notification No. 47/2017-Customs and Notification No. 50/2017-Customs. The amendments are related to the implementation of two schemes: the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) and the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL). These schemes are part of the Foreign Trade Policy, 2023. Notifications Seeks to amend above notifications in order to implement recommendation of GST COUNCIL in its 50th meeting.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 46/2023-Customs | Dated: 26th July, 2023
G.S.R. 557(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes further amendments in the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, to the extent and in the manner specified in the corresponding entry in column (3) of the said Table, namely: –
2. This notification shall come into effect on the 27th July, 2023.
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Sl. |
Notification number and date |
Amendments | ||||||||||||||||||||
| (1) | (2) | (3) | ||||||||||||||||||||
| 1. | Notification No. 45/2017-Customs, dated the 30th June, 2017, G.S.R. 780(E), dated the 30th June, 2017 | In the said notification,
(A.) in the TABLE, – (i) against Sl. No. 1, (I) in column (2), after item (e), the following items shall be inserted, namely: – “(f) under claim for RoDTEP (g) under claim for RoSCTL”; (II) in column (3), after the words “amount of integrated tax and compensation cess leviable at the time and place of importation of goods”, the words “; amount of Remission of Duties and Taxes on Exported Products (RoDTEP) allowed at the time of export; amount of Rebate of State and Central Taxes and Levies (RoSCTL) allowed at the time of export” shall be inserted; (ii) against Sl. No. 3, in column (2), for the figures and letter “4A.20.1”, the figures “4.51” shall be substituted; (B.) in the first proviso for the words “any reward scheme of Chapter 3”, wherever they occur, the words “any scheme of Chapter 4” shall be substituted; (C.) in the Explanation, – (i) for clause (b), the following clause shall be substituted, namely: — “(b) “Foreign Trade Policy” means the Foreign Trade Policy, 2023, notified by the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2023 dated the 31st March, 2023, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (ii) vide S.O. 1565 (E). dated the 31st March, 2023;” (ii) in clause (c), (I) the items (i) , (iii), (iv), (v) and (viii) shall be omitted; (II) for the item (ii), the item “The Handicraft and Handlooms Exports Corporation of India Ltd” shall be substituted; (iii) after clause (d), the following clauses shall be inserted namely: – “(e) “RoDTEP” means the Scheme for Remission of Duties and Taxes on Exported Products as per chapter 4 of Foreign Trade Policy. (f) “RoSCTL” means the Scheme for Rebate of State and Central Taxes and Levies as notified by the Ministry of Textiles.” |
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| 2. | Notification No.47/2017-Customs, dated the 30th June, 2017, G.S.R. 782(E),
dated the 30th June, 2017 |
In the said notification,
(A.) in the TABLE, against Sl. No. 1, (i) in column (2), after item (e), the following items shall be inserted, namely: – “(f) under claim for RoDTEP (g) under claim for RoSCTL”; (ii) in column (3), after the words “amount of excise duty leviable at the time and place of importation of goods”, the words “; amount of Remission of Duties and Taxes on Exported Products (RoDTEP) allowed at the time of export; amount of Rebate of State and Central Taxes and Levies (RoSCTL) allowed at the time of export” shall be inserted; (B.) in the first proviso, for the words “any reward scheme of Chapter 3”, at both places where they occur, the words “any scheme of Chapter 4” shall be substituted; (C.) in the Explanation, (i) for clause (b), the following clause shall be substituted, namely: — “(b) “Foreign Trade Policy” means the Foreign Trade Policy, 2023, notified by the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2023 dated the 31st March, 2023, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (ii) vide S.O. 1565 (E). dated the 31st March, 2023;” (ii) after clause (b), the following clauses shall be inserted namely: – “(c) “RoDTEP” means the Scheme for Remission of Duties and Taxes on Exported Products as per chapter 4 of Foreign Trade Policy. (d) “RoSCTL” means the Scheme for Rebate of State and Central Taxes and Levies as notified by the Ministry of Textiles.” |
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| 3. | Notification No. 50/2017-Customs, dated the 30thJune, 2017 [G.S.R. 785 (E), dated the 30th June, 2017] | In the said notification, –
(A.) In the Table, (i) against S. No. 167A, in column (5), for the entry, the entry “Nil” shall be substituted; (ii) for S. No. 359A and the entries relating thereto, the following S. No. and entries shall be substituted, namely: –
(iii) against S. No. 607, after clause (c) and the entries relating thereto, the following clause and entries shall be inserted, namely: –
(iv) against S. No. 607B, in column (5), for the entry, the entry “Nil” shall be substituted;
(B.) In the Annexure, for List 34 and the entries relating thereto, the following lists and entries shall be substituted, namely: “List 34A (See S. No. 359A of the Table) 1. Bank of India 2. Bank of Nova Scotia 3. Corporation Bank 4. The HDFC Bank Ltd 5. ICICI Bank Ltd 6. Indian Overseas Bank 7. Induslnd Bank Ltd 8. Kotak Mahindra Bank Ltd 9. Punjab National Bank 10. State Bank of India 11. Union Bank of India 12. Yes Bank Limited 13. RBL Bank 14. Industrial and Commercial Bank of China List 34B (See S. No. 359A of the Table) 1. Bank of Baroda 2. The Federal Bank Ltd List 34C (See S. No. 359A of the Table) 1. The Handicraft and Handlooms Exports Corporation of India Ltd 2. MSTC Ltd 3. Diamond India Limited ”. |
[F. No. 190354/133/2023-TRU]
VIKRAM VIJAY WANERE, Under Secy.
Note:
1. The principal notification No. 45/2017-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.780(E), dated the 30th June, 2017 and was last amended by notification No.36/2021-Customs dated the 19th July, 2021 that was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.493(E), dated the 19th July, 2021.
2. The principal notification No. 47/2017-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.782(E), dated the 30th June, 2017.
3. 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 by notification No. 44/2023 -Customs dated the 1st July, 2023 that was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.474(E), dated the 1st July, 2023.
