Home» Circulars» Cbic Amendment In Notification No. 50 2017 Customs Dated 30th June 2017 To Prescribe Effective Rate Of Duty On Specified Goods Increase The Tariff Rate On Goods In Chapter 28 Etc

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)

Jhansi Castle, 4th Floor, 7, Cooperage Road, Mumbai - 400 001. India

Tel : +91 22 22021288 Website : www.//chemexcil.in

EPC/LIC/CBIC                                                                                                                         21/06/2018

 

 

ALL  MEMBERS OF THE COUNCIL

 

 

Dear Members,

 

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 48/2018—Customs  and No.49/2018-Customs   both dated 20/06/2018  respectively regarding amendment in effective rate of duty on specified goods  and  Increase in  tariff rate on goods in chapters 28 etc.

 

From chemical industry perspective,  the changes  in customs tariffs are as follows:

 

 

• Notification No. 49/2018—Customs dated  20/06/2018   
•  

(Amendment in Notification No. 50/2017-Customs, dated the 30/06/2017
regarding effective rate of duty)

 

• In S. No. 169, for the entry in column (2), the following entry shall be substituted namely:-
•  
•  

“28 (except 28230010, 28092010 or 28100020)”;

 

•  
• After S. No. 177 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-
•  
•  

(1)	(2)	(3)	(4)	(5)	(6)
"177A	28100020	Boric  Acid	7.5%	-	_

 

• Notification No. 48/2018—Customs dated  20/06/2018  
•  

              (increase the tariff rate on goods)

 

• In Chapter 28, for the entry in column (4) occurring against-

 

• tariff item 28092010, the entry "20%"shall be substituted;
• tariff item 28100020, the entry "17.5%"shall be substituted;

 

Member-exporters importing above mentioned items  are requested to take note of these tariff changes.  The above said notifications are  available for download using hyperlinks provided  below-

 

49/2018-Cus,dt. 20-06-2018	View(153 KB)	seeks to further amend notification No. 50/2017-customs dated 30th June 2017, to prescribe effective rate of duty on specified goods.
48/2018-Cus,dt. 20-06-2018	View(192 KB)	Seeks to increase the tariff rate on goods in chapters 7, 8, 28, 38, 72 and 73 in the First Schedule to the Customs tariff Act, 1975 .

 

http://cbic.gov.in/htdocs-cbec/customs/cs-act/notifications/notfns-2018/cs-tarr2018/cs49-2018.pdf

http://cbic.gov.in/htdocs-cbec/customs/cs-act/notifications/notfns-2018/cs-tarr2018/cs48-2018.pdf

 

 

Thanking you,

 

 Yours faithfully,

  

S.G BHARADI
EXECUTIVE DIRECTOR

CHEMEXCIL