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The Central Government amends Notification No. 50/2017-Customs to revise customs duty rates and conditions for electrically operated vehicles. Importers must furnish a certificate from the Ministry of Heavy Industries at the time of import for specific vehicle categories under the Scheme to promote manufacturing of electric passenger cars in India. The exemption for item (2)(c) ceases to have effect after the 31st March, 2031.
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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION(i)]
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)
Notification No. 19/2024-Customs
New Delhi, the $15^{\text{th}}$ March, 2024
G.S.R. .....(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), 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. 50/2017-Customs, dated the $30^{\text{th}}$ June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the $30^{\text{th}}$ June, 2017, namely:-
In the said notification,
(1) in the Table, for S. No. 526A and the entries relating thereto, the following S. No. and entries shall be substituted, namely: -
| (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|
| “526A. | 8703 |
Electrically operated vehicles, if imported,-
(1) incomplete or unfinished, as a knocked down kit containing necessary components, parts or sub-assemblies for assembling a complete vehicle, including battery pack, motor, motor controller, charger, power control unit, energy monitor, contactor, brake system, electric compressor, whether or not individually pre-assembled, with –
(2) in a form other than (1) above, -
Provided that nothing contained in item (2)(c) in this S. No. shall have effect after the $31^{\text{st}}$ March, 2031. Explanation. – For the removal of doubts, the exemption contained in items (1)(a) and (1)(b) of this entry shall be available, even if one or more of the components, parts or sub-assemblies required for assembling a complete vehicle are not imported in the kit, provided that the kit as presented, is classifiable under the heading 8703 of the Customs Tariff Act, 1975 as per the general rules of interpretation. |
15%
35% 100% 70% 15% | - - - - - | - - - - 117”; |
(2) in the Annexure, after condition number 116 and the entry relating thereto, the following condition number and entry shall be inserted, namely: -
| (1) | (2) |
|---|---|
| “117. |
If the importer, at the time of import, furnishes a certificate from an officer not below the rank of a Joint Secretary to the Government of India in the Ministry of Heavy Industries (MHI) to the effect that,-
|
[F. No. CBIC-190354/42/2024-TRU Section-CBEC]
(Vikram Vijay Wanere)
Under Secretary
Note: The principal notification No. 50/2017-Customs, dated the $30^{\text{th}}$ 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 $30^{\text{th}}$ June, 2017, and was last amended vide notification No. 16/2024-Customs, dated the $12^{\text{th}}$ March, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R. 183(E), dated the $12^{\text{th}}$ March, 2024.
