[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. 28 /2024-Customs
New Delhi, the 12th July, 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 the recommendations of the Council, 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 30th 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 30th June, 2017, namely:-
In the said notification,
(I)
in the Table, -
(1) after S. No. 544 and the entries relating thereto, the following S. No. and entries shall
be inserted, namely: -
(1)
(2)
(3)
(4)
(5)
(6)
“544A.
Any
Chapter
Components or parts which are prescribed in any of
the following manuals:-
i. Aircraft Maintenance Manual (AMM);
ii. Component Maintenance Manual (CMM);
iii. Illustrated Parts Catalogue (IPCL);
iv. Structural Repair Manual (SRM); or
v. Standard Procedure Manual (SPM) of the OEMs,
when imported into India for servicing, repair,
maintenance or overhauling, subject to fulfilling
respective conditions, the condition number of
which is mentioned in the corresponding entry in
column (6) against the serial number 536, 538 or
544.
-
5%
-”;
(2)
after S. No. 612 and the entries relating thereto, the following S. No. and entries
shall be inserted, namely: -
(1)
(2)
(3)
(4)
(5)
(6)
“613.
Any
Chapter
Equipment or buoys required for Research
Moored Array for African Asian Australian
-
Nil
118”;
Monsoon Analysis and Prediction (RAMA)
programme:
Provided that nothing contained in this S.
No. shall have effect after the 31st July,
2026
(II)
in the Annexure, after Condition No. 117 and the entries relating thereto, the following
Condition and entries shall be inserted, namely: -
“118.
If,
(a) the importer, at the time of import, furnishes a certificate to the
Deputy Commissioner of Customs or the Assistant Commissioner of
Customs, as the case may be, of the port of import, from an officer not
below the rank of a Deputy Secretary to the Government of India in the
Ministry of Earth Sciences recommending the grant of this exemption
and that the goods are required for the specified purpose; and
(b) the importer, by the execution of bond, in such form and for such sum
as may be specified by the Principal Commissioner or Commissioner of
Customs, binds himself,-
(i) to re-export the goods within a period of two years from the
date of import, which may be extended by another one year by
the Principal Commissioner or Commissioner of Customs of the
Port of import of such goods upon written request of the importer
citing reasons for seeking such extension; and
(ii) to pay on demand an amount equal to the integrated tax
payable on the such goods, but for the exemption under this
entry, along with the applicable interest thereon, in the event of
violation of any of the above condition specified above.”.
2. This notification shall come into force from the 15th day of July, 2024.
[F. No.190354/94/2024-TRU]
(Nitish Karnatak)
Under Secretary to the Government of India
Note: 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 vide notification No. 25/2024-Customs, dated the 6th May, 2024,
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i), vide number G.S.R.
270(E), dated the 6th May, 2024.
