The Ministry of Finance (Department of Revenue), Government of India, has introduced modifications to Notification No. 27/2011-Customs through Notification No. 19/2025-Customs, revising import duty provisions.
𝗟𝗲𝗴𝗮𝗹 𝗕𝗮𝘀𝗶𝘀:
𝗧𝗵𝗶𝘀 𝗮𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗶𝘀 𝗶𝘀𝘀𝘂𝗲𝗱 𝘂𝗻𝗱𝗲𝗿:
- Section 25(1) of the Customs Act, 1962 (52 of 1962)
- Implemented in the public interest to streamline trade regulations and import duties.
𝗞𝗲𝘆 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁:
Changes in Notification No. 27/2011-Customs (1st March 2011)
𝗥𝗲𝘃𝗶𝘀𝗲𝗱 𝗜𝗺𝗽𝗼𝗿𝘁 𝗗𝘂𝘁𝘆:
For S. No. 1, in column (4), the previous duty has been changed to “Nil”.
𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗗𝗮𝘁𝗲:
This amendment will come into effect from 1st April 2025.
𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻:
𝗙𝗶𝗹𝗲 𝗡𝗼.: 190354/43/2025-TRU
𝗥𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻:
- The principal notification No. 27/2011-Customs, dated 1st March 2011, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) (G.S.R. 153(E)).
- It was last amended via Notification No. 3/2025-Customs, dated 1st February 2025 (G.S.R. 96(E)).
𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:
- Businesses and importers should update their customs duty calculations accordingly.
- Customs brokers and trade professionals must ensure compliance with the revised duty structure.
- This step simplifies trade regulations and reduces duty liabilities on specified imports.