31 Customs duty notifications merged to ease compliance

Date:

The new consolidated notification effectively merges all relevant exemptions and procedural details into a single framework, eliminating redundancy while preserving the substance of existing benefits.

NEW DELHI: Central Board of Indirect Taxes and Customs (CBIC) Saturday rolled out another trade facilitation measure merging 31 Customs duty notifications into a consolidated one. It said the new notification would be effective from Nov 1. “A step towards simplification, transparency and ease of doing business,” CBIC posted on X. In a set of FAQs released by the department it said this is a trade-friendly measure and Notification No. 45/2025-Customs has been issued by merging erstwhile notification No. 50/2017-Customs dated 30.6.2017 and 30 erstwhile standalone Customs notifications. “Instead of referring to 31 separate notifications, the exemptions/concessional rates contained in these 31 notifications are now available in this single notification,” CBIC said. The indirect tax department has taken measures to ease compliance burden on businesses and the latest move is expected to reduce complexity with regard to interpretation of different notifications and help customs officials and importers in promoting ease of doing business across the country.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Dude Box Office Collection: Pradeep Ranganathan and Mamitha Baiju’s Film Crosses Rs 61.65 Crore |

The romantic drama 'Dude', featuring Pradeep Ranganathan and...

Andhra, Odisha & TN on alert as cyclone Montha nears, IMD warns of heavy rain | India News

A cyclone warning signal in Puducherry Visakhapatnam/Bhubaneswar/Chennai: Andhra...

5 ways low levels can impact body and health

Vitamin D, often called the “sunshine vitamin,” is essential...

Bihar train trips inhuman: Rahul; 12k spl trains running, 1.5cr travelled: Rlys | India News

NEW DELHI: As Congress MP Rahul Gandhi...