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CBIC amends notifications No. 55/2022 – Customs, dated 31.10.2022 and notification No. 64/2023 – Customs, dated 07.12.2023, in order to remove end date on export duty on Parboiled Rice and to prescribe specified condition on imports of Yellow Peas

Government of India, Ministry of Finance, Department of Revenue, has introduced crucial amendments through Notification No. 12/2024-Customs, dated 21st February 2024. These amendments target Notification No. 55/2022 and Notification No. 64/2023, both dated in October 2022 and December 2023, respectively.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 12/2024-Customs | Dated : 21st February, 2024

G.S.R. 121(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 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby amends 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 specified in the corresponding entries in column (3) of the said Table, namely:-

Table

S. No.

Notification No. and Date Amendments

(1)

(2)

(3)

1. notification No. 55/2022-Customs, dated the 31st October, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 796(E)., dated the 31st October, 2022 In the said notification, –

(i) in the Table, S. No. 2A and the entries relating thereto shall be omitted;

(ii) in the Annexure, condition number 5 shall be omitted.

2 notification No. 64/2023-Customs, dated the 07th December, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 884(E)., dated the 07th December, 2023 In the said notification,

(i) in the opening paragraph, for the words and figures “leviable thereon under the said section of the Finance Act, 2021 (13 of 2021), namely:-”, the words and figures “leviable thereon under the said section of the Finance Act, 2021 (13 of 2021), subject to the condition as specified in column (4) of the said Table, namely:-” shall be substituted;

(ii) for the Table and paragraph 2, the following Table shall be substituted, namely:-

“Table

 Sl. No. Tariff Item Description of goods Condition
(1)  (2)  (3)  (4) 
1. 0713 10 10 Yellow Peas In respect of the said goods, the Bill of Lading is issued on or before 30th day of April, 2024.”

2. This notification shall come into force on the 22nd day of February, 2024.

[F. No. CBIC-190354/161/2023-TRU]

(Amreeta Titus) Deputy Secretary

Note:

1. The principal notification No. 55/2022-Customs, dated the 31st October, 2022, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 796(E), dated the 31st October, 2022, and was last amended vide notification No. 59/2023-Customs, dated the 13th October, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 738(E), dated the 13th October, 2023.

2. The principal notification No. 64/2023-Customs, dated the 07th December, 2023, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 884(E), dated the 07th December, 2023.

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