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Date: 05-09-2023
Notification No: Notification No. 52/2023-Customs
Issuing Authority: Indian Customs  
Type: Tariff
File No: [F. No. CBIC-190354/44/2023-TO(TRU-I)-CBEC]
Subject: Seeks to amend notification No. 50/2017 -Customs dated 30.06.2017 in order to modify Customs duty exemption provided to textile machineries.
Untitled 1

[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. 52/2023-Customs
New Delhi dated the 5th September, 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, in the Table, for S. No. 460 and the entries relating thereto,
the following S. No. and entries shall be substituted, namely: -

(1) (2) (3) (4) (5) (6)
“460. 8446,
8448
The following goods (other than old and
used) for use in the textile industry,
namely: -
(i) Shuttleless Rapier Looms [above
650 meters per minute];
(ii) Shuttleless Waterjet Looms [above
800 meters per minute];
(iii) Shuttleless Airjet Looms [above
1000 meters per minute];
(iv) Parts and components for use in
manufacturing of shuttleless looms
Provided that nothing contained in this
S.No. shall have effect after 31st March,
2025.

Nil
Nil
Nil
Nil
-
-
-
-
-
-
-
9”.

   [F. No. CBIC-190354/44/2023-TO(TRU-I)-CBEC]
(Rajeev Ranjan)
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. 46/2023-Customs,
dated the 26th July, 2023,
published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-Section (i), vide number G.S.R. 557(E), dated the 26th July, 2023.

       

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What is New?

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