| Date: |
12-07-2024
|
| Notification No: |
Notification No. 27/2024-Customs
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Tariff
|
| File No: |
[F.No.190354/94/2024-TRU] |
| Subject: |
Seeks to provide exemption from Compensation Cess leviable on imports by SEZ unit or developer for authorised operations.
|
|
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. 27/2024-Customs
New Delhi, the 12th July, 2024
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) read with sub-section (12) of section 3, of Customs
Tariff Act, 1975 (51 of 1975),
the Central Government, on the recommendations of the Council, on being
satisfied that it is necessary in
the public interest so to do, hereby exempts all goods imported by a unit or a
developer in the Special
Economic Zone for authorised operations, from the whole of goods and service tax
compensation cess
leviable thereon under sub-section (9) of section 3, of Customs Tariff Act, 1975
(51 of 1975) read with sub section (2) of section 8 of the Goods and Services
Tax (Compensation to States) Act, 2017 (15
of 2017).
2. This notification shall come into force from the 15th July, 2024.
[F.No.190354/94/2024-TRU]
(Nitish Karnatak)
Under Secretary to the Government of India
|
|
|