The CBIC vide Notification No. 40/2024-Customs dated July 29, 2024, amended Notification No. 22/2022-Customs dated April 30, 2022, altering Basic Customs Duty (BCD) and Agriculture Infrastructure and Development Cess (AIDC) rates on specified goods under the India UAE CEPA.
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 amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 22/2022-Customs, dated April 30, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 328(E), dated April 30, 2022, namely:-
In the said notification, in the TABLE II,
I. for S. Nos. 59 to 69, and the entries relating thereto, the following S. Nos. and entries shall be substituted, namely:-
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II. for S. Nos. 72 and 73, and the entries relating thereto, the following S. Nos. and entries shall be substituted, namely:-
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The Notification can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/CBIC_N.No._40_2024-Customs.pdf