The CBIC issued Notification No. 72/2023-Customs (N.T.) dated September 30, 2023, in accordance with the authority granted by section 11A(1) of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, after determining it’s in the public interest, has introduced additional amendments to the First Schedule of the Customs Tariff Act, 1975.
In the First Schedule to the Customs Tariff Act,—
(a) in Chapter 22,—
(i) after Sub-heading Note, the following Supplementary Note shall be inserted, namely:—
‘Supplementary Note :
1. For the purposes of tariff item 2207 10 12, “Spirits for industrial use” means rectified spirits which are used for industrial preparation of pharma, food, healthcare products or such other products, except for use in preparation of alcoholic liquors for human consumption.’;
(ii) in heading 2207, after tariff item 2207 10 11 and the entries relating thereto, the following tariff item and entries shall be inserted, namely: —
| “2207 10 12 —- Spirits for industrial use 1 150% -”; |
(b) in Chapter 98, —
(i) for the Chapter heading, the following Chapter heading shall be substituted, namely:—
“Project imports; laboratory chemicals; passengers’ baggage, personal importations by air or post; ship stores; actionable claims”;
(ii) after Note 7, the following Note shall be inserted, namely: —
‘8. For the purposes of heading 9807, the expressions “Online money gaming” and “specified actionable claim” shall have the same meaning as respectively assigned to them in clauses (80B) and (102A) of section 2 of the Central Goods and Service Tax Act, 2017 (12 of 2017).
(iii) after tariff item 9806 00 00 and the entries relating thereto, the following shall be inserted, namely:
|
– “9807 |
Specified actionable claim |
|
|||
|
9807 10 00 |
– | Actionable claim involved in or by way of betting | – | Nil | – |
| 9807 20 00 | – | Actionable claim involved in or by way of casinos | – | Nil |
– |
|
9807 30 00 |
– | Actionable claim involved in or by way of gambling | – | Nil | – |
| 9807 40 00 | – | Actionable claim involved in or by way of horse racing | – | Nil |
– |
|
9807 50 00 |
– | Actionable claim involved in or by way of lottery | – | Nil | – |
| 9807 60 00 | – | Actionable claim involved in or by way of online money gaming | – | Nil |
– |
This Notification shall come into effect from October 01, 2023
The Notification can be accessed at: https://egazette.gov.in/WriteReadData/2023/249090.pdf
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