Seeks to amend Notification No. 22/2022-Customs, dated 30.04.2022 (UAE CEPA) vide Notification No. 40/2024-Customs | Dated: 29th July, 2024
Central Government, under Notification No. 40/2024-Customs dated 29th July 2024, has amended Notification No. 22/2022-Customs to revise duty rates on specific goods under the UAE Comprehensive Economic Partnership Agreement (CEPA). Issued by the Ministry of Finance (Department of Revenue), the amendments are made in the public interest under the Customs Act, 1962. Notably, changes in the duty rates for items listed in TABLE II have been specified. For example, goods under S. Nos. 59 to 69 have updated duty rates and conditions, with specific entries for various items such as those under HS codes 71061000, 71069110, and 71101110, among others. Similar revisions apply to S. Nos. 72 and 73, affecting goods under HS codes 71104100 and 71104900. This notification aims to align the customs duty structure as per the evolving trade requirements under the UAE CEPA framework.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 40/2024-Customs | Dated: 29th July, 2024
G.S.R. 456(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 the following amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 22/2022-Customs, dated the 30th April, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 328(E), dated the 30th April, 2022, namely:-
In the said notification, in the TABLE II,
I. for S. Nos. 59 to 69, and the entries relating thereto, the following S. Nos. and entries shall be substituted, namely:-
| (1) | (2) | (3) | (4) | (5) |
| “59 | 71061000 | All Goods | 7 | 1 |
| 60 | 71069110 | All Goods | 7 | 1 |
| 61 | 71069190 | All Goods | 7 | 1 |
| 62 | 71069210 | All Goods | 7 | 1 |
| 63 | 71069220 | All Goods | 7 | 1 |
| 64 | 71069290 | All Goods | 7 | 1 |
| 65 | 71101110 | All Goods | 3.6 | 1.4 |
| 66 | 71101120 | All Goods | 3.6 | 1.4 |
| 67 | 71101900 | All Goods | 3.6 | 1.4 |
| 68 | 71102100 | All Goods | 3.6 | 1.4 |
| 69 | 71102900 | All Goods | 3.6 | 1.4”; |
II. for S. Nos. 72 and 73, and the entries relating thereto, the following S. Nos. and entries shall be substituted, namely:-
| (1) | (2) | (3) | (4) | (5) |
| “72 | 71104100 | All Goods | 3.6 | 1.4 |
| 73 | 71104900 | All Goods | 3.6 | 1.4”. |
[F. No. CBIC- 190349/15/2024-TRU]
VIKRAM VIJAY WANERE, Under Secy.
Note: – The principal notification No. 22/2022-Customs, dated the 30th April, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 328(E), dated the 30th April, 2022, and was last amended by notification No. 31/2024-Customs, dated 23rd July, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 434 (E), dated the 23rd July, 2024.
