Amendment to Customs Tariff - Several Notifications Issued
I asked several officers of the Customs and Excise Department whether they were aware that there was to be a major overhaul of tariff entries in the Customs and Central Excise tariffs, with effect from 01.01.2012. My sample for the survey was bad – none of the officers I spoke to, were aware of any such change and nobody had any regret. The general refrain was, “why should we bother about tariff now; it is irrelevant!”
DDT had been reminding the Board that several notifications need amendment to be in tune with the new entries in the tariffs from 01.01.2012. On 30th December, we reminded them that that was the last day for them to do it. Yesterday they have come out with several notifications to amend several notifications to be in accord with the new-look tariffs.
Notification No. , Dated: December 29, 2011: Amends Notification Nos 25/1999-Cus, 22/2007-Cus and 27/2011-Cus to align with the new tariff entries.
Notification No. , Dated: December 29, 2011: Amends Notification No. 20/2006-Cus to align with the new tariff entries.
Notification No. , Dated: December 29, 2011: Amends Notification No. 69/2004-Cus to align with the new tariff entries.
Notification No. , Dated: December 30, 2011: Amends Notification No. 21/2002-Cus to align with the new tariff entries.
The above notifications come into force with effect from 01.01.2012.