Customs - Exemption to Micro/Mini SD cards
NOTIFICATION No.24/2005-Cus dated 01.03.2005 as amended by Notification 132/2006-Cus dated 30.12.2006 (Sr. no. 15) exempts
a) All prepared unrecorded media for sound recording or similar recording of other phenomena, other than cards incorporating a magnetic stripe
b) Recorded media for reproducing phenomena other than sound or image.
falling under Chapter Heading 8523, when imported into India.
The CBEC clarifies that this exemption is extendable to Micro/Mini SD cards classified under CTH 8523 51 00 of the first schedule of the Customs Tariff.
Board wants the Commissioners/Principal Commissioners to issue suitable Public Notice/Standing Order for the benefit of all stake holders and Departmental officers.
Board also wants all pending assessments, if any, may be finalized accordingly.
CBEC Instruction in F. No. 528/43/2016-STO (TU)., Dated July 20, 2016