Notification No. 27/2020-Customs
New Delhi, the 9th June, 2020
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 the Customs Tariff Act, 1975 (51 of 1975), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 50/2017- Customs, dated the 30th June 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June 2017, namely:-
In the said notification, in the Table, for serial number 55 and the entries relating thereto, the following serial number and entries shall be substituted, namely: –
| (1) | (2) | (3) | (4) | (5) | (6) |
| “55 | 1401 10 00 | Bamboos | 25% | – | -”. |
(Pramod Kumar)
Director to the Government of India
Inference: Custom Duty on bamboo imports by Agarbatti manufacturers hiked from 10% to 25% with immediate effect to encourage use of domestic bamboo for AatmaNirbhar Bharat. The 25% Custom Duty Shall now uniformly apply to any import of bamboo, including by traders.
