Notification No. 96/2017, Dated 29th December 2017

[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. 96/2017 – Customs

New Delhi, dated the 29th December, 2017

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), 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.46/2011-Customs, dated the 1st June, 2011 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 423 (E), dated the 1 st June, 2011, namely:-

In the said notification, for the Table, the following Table shall be substituted, namely:-

2. This notification shall come into force with effect from the 1st day of January, 2018

[F. No. 354/64/2003-TRU (Pt.I)]

( Ruchi Bisht)
Under Secretary to the Government of India

Note.- The principal notification No. 46/2011-Customs, dated the 1st June, 2011, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number 423 (E), dated the 1st June, 2011 and was last amended by notification No. 63/2016- Customs, dated 31st December, 2016 which was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 1203 (E), dated 31st December, 2016

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.