Notification No. 50 /2017-Customs Dated 30/06/2017

Seeks to supersede notification No. 12/2012- Customs dated 17.03.2012 and prescribes effective rates of customs duty and IGST for goods imported into India

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) and sub-section (12) of section 3, of Customs Tariff Act, 1975 (51 of 1975), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2012 -Customs, dated the 6[17th March, 2012] old [17th March, 2017] published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 185 (E) dated the 6[17th March, 2012] old [ 17th March, 2017], except as respects things done or omitted to be done before such supersession, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table below or column (3) of the said Table read with the relevant List appended hereto, as the case may be, and falling within the Chapter, heading, sub-heading or tariff item of the First Schedule to the said Customs Tariff Act, as are specified in the corresponding entry in column (2) of the said Table, when imported into India,-

(a) from so much of the duty of customs leviable thereon under the said First Schedule as is in excess of the amount calculated at the standard rate specified in the corresponding entry in column (4) of the said Table; and

(b) from so much of integrated tax leviable thereon under sub-section (7) of section 3 of said Customs Tariff Act, read with section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) as is in excess of the amount calculated at the rate specified in the corresponding entry in column (5) of the said Table,

subject to any of the conditions, specified in the Annexure to this notification, the condition number of which is mentioned in the corresponding entry in column (6) of the said Table:

S.No.

Chapter or
Heading or
sub–heading
or tariff item

Description of goods

Standard
rate

Integrated Goods and Services Tax

 

Condition
No.
1[460. 8446,
8448

The following goods (other than old and used) for use in the textile industry, namely: -

(i) Shuttleless Rapier Looms (above 650 rpm);

(ii) Shuttleless Waterjet Looms (above 800 rpm);

(iii) Shuttleless Airjet Looms (above 1000 rpm);

(iv) Parts and components for use in manufacturing of shuttleless looms:

Provided that nothing contained in this S. No. shall have effect after the 31st March, 2025.

Nil

Nil

Nil

Nil

-

-

-

-

-

-

-

9

460A.

8446

The following weaving machines (other than old and used), for use in the textile industry, namely: -

(i) Carbon Fabric Weaving Rapier Looms;

(ii) Biaxial and multiaxial weaving machines for manufacturing technical textiles;

(iii) 3-D and block weaving machines for manufacturing technical textiles:

Provided that nothing contained in this S. No. shall have effect after the 31st March, 2025.

5%

-

-

460B.

8447

The following knitting machines (other than old and used), for use in the textile industry, namely: -

(i) Flat Knitting Machines (11 revolutions per minute or minimum speed of 0.3 Mts per sec);

(ii) Warp Knitting Machines (Minimum working width of 60" and minimum speed of 500 RPM);

(iii) Raschel Knitting Machines (Minimum working width of 60" and minimum speed of 500 RPM);

(iv) Knitting machines for spacer fabrics:

Provided that nothing contained in this S. No. shall have effect after the 31st March, 2025.

5%

-

-
460C. 84

The following goods (other than old and used), for use in the textile industry, namely: -

(i) Industrial sewing machine (tariff heading 8452);

(ii) Laser garment panel cutter (tariff item 8456 11 00);

(iii) Whole garment making machine (knitted) (chapter 84);

(iv) Ink Jet printing machines (tariff item 8443 39 10):

Provided that nothing contained in this S. No. shall have effect after the 31st March, 2025.

5%

5%

5%

5%

-

-

-

-

-

-

-

-
460D. 84

Machinery (other than old and used) for manufacture of non- wovens textiles, namely: -

(i) Complete production lines for the production of following non-wovens, up to rolled goods preparation and packing, namely:

(a) Needle punched non- wovens

(b) Chemically bonded non- wovens

(c) Thermally bonded non- wovens

(d) Stitch bond non-wovens

(e) Spun laced (hydro entangled) non-wovens

(f) Melt blown non-wovens

(g) Spun bond melt blown (SMS) non-wovens

(ii) Machinery for finishing of all non-wovens;

(iii) Machinery for converting non-wovens into made-ups:

Provided that nothing contained in this S. No. shall have effect after the 31st March, 2025.

5%

-

-
460E.

84, or any chapter

Parts and components (other than old and used) for use in manufacturing of textile machineries (falling under tariff headings 8444, 8445, 8446, 8447, 8448, 8449, 8451, 8452):

Provided that nothing contained in this S. No. shall have effect after the 31st March, 2025

5%

-

9]
old[460. 8446, 8448 The following goods(other than old and used) for use in the textile industry, namely:-

(i) Shuttle less looms;

(ii) parts and components for manufacture of the goods at (i)

 Nil

Nil

 -

-

 -

9]

461.

8444,
8445,
8446,
8447,
8448,
8449

 All goods

5%

-

-

 

1. Substituted Vide:- Notification No. 17/2023-Cus dated 29.03.2023 [ w.e.f 30.03.2023]