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The Central Government amends notification No. 50/2017-Customs to prescribe a basic customs duty rate of five percent for liquefied petroleum gas. The rule applies to goods under tariff items 27111910, 27111920, and 27111990. The notification comes into force on the 1st day of July, 2023.
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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. 41/2023-Customs
New Delhi, the 30th June, 2023
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 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, after S. No. 155 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
| (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|
| “155A. | 27111910, 27111920, 27111990 | Liquified Petroleum Gas (LPG) | 5% | - | -” |
[F. No.349/01/2023-TRU]
(Amreeta Titus) 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. 35/2023-Customs, dated the 29th April, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.331 (E), dated the 1st May, 2023.
