Notification No. 110/2001, Dated 23rd Oct 2001

23rd October, 2001

Notification No. 110 / 2001-Customs

In exercise of the powers conferred by sub section (1) of section 3A of the Customs Tariff Act, 1975( 51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, makes the following further amendment in the notification of the Government of India, in the Ministry of Finance ( Department of Revenue), No. 19/2001-Customs, dated the 1^st March, 2001, namely:-

In the said notification, in the Table, after S.No. 7 and the entries relating thereto, the following shall be inserted, namely:-

(1)	(2)	(3)	(4)
"7A.	26	Gold concentrate imported by a gold refinery for refining into gold	Nil";

2. This notification shall come into force on the 24^th day of October, 2001.

G .D. Lohani)

Under Secretary To The Government Of India

F.No 332/ 16 /2001-TRU

Note: The principal notification 19/2001-Customs dated the 1st March, 2001 was published in the Gazette of India, Extraordinary Part II Section 3 Sub-Section (i) vide G.S.R 118 (E) dated the 1st March, 2001 and was last amended by notification 53/2001-Customs dated the 11^th May 2001 which was published in the Gazette of India, Extraordinary Part II Section 3 Sub-section(i) vide G.S.R 352 (E) dated the 11^th May 2001.

Frequently Asked Questions

What are Indian custom notifications, and why are they important?

Indian customs notifications are official announcements issued by the Central Board of Indirect Taxes and Customs (CBIC) to communicate updates in customs laws, duty rates, procedural changes, exemptions, and policy revisions.

They are important for importers, exporters, and logistics professionals to stay compliant with current regulations and avoid penalties or clearance delays.

How can Indian custom notifications impact my business?

Custom notifications can affect business operations by changing duty structures, documentation requirements, valuation norms, or trade facilitation guidelines.

Staying updated helps companies adjust their pricing, planning, and compliance practices. Ignoring these notifications may result in fines, incorrect duty payments, or disrupted customs clearance.

How often are Indian customs notifications released?

Indian custom notifications are released as and when regulatory changes, budget announcements, or policy amendments occur.

Notifications may be issued periodically or in response to urgent requirements, including tariff updates, procedure modifications, or global trade developments affecting import-export compliance.

Where can I find the latest Indian customs notifications?

The most authoritative source for the latest Indian customs notifications is the official CBIC website.

Additionally, Seair Exim Solutions curates these notifications and provides summaries and explanations within its trade intelligence platform to help users quickly understand key changes relevant to their business.

How should businesses respond to new Indian customs notifications?

When new custom notifications are released, businesses should assess the impact on duty rates, compliance requirements, and documentation processes.

Consulting with tax professionals or using trade intelligence tools as we do ensures accurate interpretation and timely implementation of changes in customs procedures.