🚨 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝘁𝗼 𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 – 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗡𝗼. 𝟭𝟱/𝟮𝟬𝟮𝟱-𝗖𝘂𝘀𝘁𝗼𝗺𝘀 🚨 The Ministry of Finance (Department of Revenue), Government of India, has introduced key amendments to Notification No. 50/2017-Customs through Notification No. 15/2025-Customs, ensuring updates in customs tariff regulations.

🔹 𝗟𝗲𝗴𝗮𝗹 𝗕𝗮𝘀𝗶𝘀: 𝗧𝗵𝗶𝘀 𝗮𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗶𝘀𝘀𝘂𝗲𝗱 𝘂𝗻𝗱𝗲𝗿: ✔ Section 25(1) of the Customs Act, 1962 (52 of 1962) ✔ Section 3(12) of the Customs Tariff Act, 1975 (51 of 1975) ✔ The changes are made in public interest to improve trade efficiency and regulatory clarity.

🔹 𝗞𝗲𝘆 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁: The following modification has been made: 📌 Notification No. 50/2017-Customs (30th June 2017) ✅ Revisions in the Table: 🔹 For S. No. 551 and S. No. 555, in Column (6), the entry “84” has been replaced with “-”.

📆 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗗𝗮𝘁𝗲: 🔹 This amendment takes effect immediately from 20th February 2025. 📜 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻: 📄 𝗙𝗶𝗹𝗲 𝗡𝗼.: 190354/180/2024-TRU ✍ 𝗜𝘀𝘀𝘂𝗲𝗱 𝗯𝘆: Dilmil Singh Soach, Under Secretary

📌 𝗥𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻: ✔ The principal notification No. 50/2017-Customs, dated 30th June 2017, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) (G.S.R. 785(E)). ✔ It was last amended via Notification No. 05/2025-Customs, dated 1st February 2025 (G.S.R. 98(E)).

📢 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: ✔ Businesses engaged in import/export must update their records accordingly. ✔ Customs brokers and trade professionals should take note of the changes for accurate tariff classification. ✔ This step ensures regulatory compliance and smooth trade facilitation in India. #CustomsUpdate #FinanceMinistry #TradeRegulations #IndiaCustoms