Customs and Central Excise 2017-2018
Customs and Central Excise Notifications
Explanatory Memoranda to notification Nos. 3 to 6/2017-Customs, dated 2.2.2017
| Sl. No. | Notification No. | Description |
| 1. | 3/2017-Customs | Seeks to further amend Notification No. 27/2011-Customs dated 1.3.2011. |
| 2. | 4/2017-Customs | Seeks to further amend Notification No. 21/2012-Customs, dated the 17.03.2012 so as to specify the rate of additional duty of customs leviable under sub-section 3(5) of Customs Tariff Act, 1975 for items specified therein. |
| 3. | 5/2017-Customs | Seeks to reduce Basic Customs Duty from 10/7.5 % to 5% on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen. |
| 4. | 6/2017-Customs | Seeks to further amend Notification No. 12/2012-Customs, dated the 17.3.2012 so as to carry out Budgetary changes. Details are contained in Joint Secretary (TRU -- I) DO letter dated 31.1.2017. |
Explanatory Memoranda to notification Nos. 3 to 7/2017-Central Excise, dated 2.2.2017
| Sl. No. | Notification No. | Description |
| 1. | 3/2017-Central Excise | Seeks to further amend Notification No. 6/2005-Central Excise dated 1.3.2005 so as to carry out Budgetary changes. |
| 2. | 4/2017-Central Excise | Seeks to further amend Notification No. 42/2008-Central Excise dated 1.7.2008 so as to carry out Budgetary changes. |
| 3. | 5/2017-Central Excise | Seeks to prescribe 6% concessional excise/CV duty on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen. |
| 4. | 6/2017-Central Excise | Seeks to amend Notification No. 12/2012-Central Excise dated 17.03.2012 so as to carry out Budgetary changes. |
| 5. | 7/2017-Central Excise | Seeks to amend Notification No. 16/2010-Central Excise dated 27.2.2010 so as to carry out Budgetary changes. |
Explanatory Memoranda to notification Nos. 2 to 5/2017-Central Excise (N.T.), dated 2.2.2017
| Sr. No | Notification No. | Description |
| 1. | 2/2017-Central Excise (NT) | Seeks to amend Notification No. 30/2008-Central Excise dated 1.7.2008. |
| 2. | 3/2017-Central Excise (NT) | Seeks to amend Notification No. 11/2010-Central Excise (N.T) dated 27.2.2010. |
| 3. | 4/2017-Central Excise (NT) | Seeks to further amend CENVAT Credit Rules, 2004 |
| 4. | 5/2017-Central Excise (NT) | Seeks to further amend Central Excise Rules, 2002 |
Explanatory Memoranda to notification No. 7/2017-Service Tax, dated 2.2.2017
| Sl. No. | Notification No. | Issu |
To continue reading
Request your trial