Seeks to amend notification No. 25/99-Customs dated 28th February. 1999 so as to withdraw BCD exemption on Gold used in manufacture of semi-conductor devices

Last updated: 04 February 2020

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This notification announces an amendment to the existing Customs Notification No. 25/99-Customs, dated 28th February 1999. The key change is the withdrawal of the Basic Customs Duty (BCD) exemption on gold when it is used in the manufacture of semiconductor devices. Several other specific amendments are made to the notification concerning various product entries and their descriptions.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 05/2020-Customs

New Delhi, the 2nd February, 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), 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. 25/99-Customs, dated the 28th February, 1999, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 161(E), dated the 28th February, 1999, namely :-

In the said notification, in the Table, in List A, -

(i) S. No. 80 and the entries relating thereto shall be omitted;

(ii) against S. No. 82, -

(a) in column (2), for the entry, the entry “76,85” shall be substituted;

(b) in column (3), for the entry, the entry “Aluminium wire with silicon or magnesium impurity

of up to 2%” shall be substituted;

(iii) against S. No. 190, in column (3), after the words “Blade Fuse Body”, the words “; Micro Fuse

Base, Sub-Miniature Fuse Base, Micro Fuse Cover, Sub-Miniature Fuse Cover” shall be

inserted;

(iv) against S. No. 225, in column (2), for the entry “3908 90 90”, the entry “3907 99 90 or 3908 90

90” shall be substituted.

[F. No. 334/2/2020 –TRU]

(Gaurav Singh)

Deputy Secretary to the Government of India

Note: The principal notification No.25/99-Customs, dated the 28th February, 1999 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 161 (E), dated the 28th February, 1999 and last amended vide notification No. 36/2019-Customs, dated the 30th December, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 964 (E), dated the 30th December, 2019

FAQ :

The main purpose is to amend Customs Notification No. 25/99-Customs to withdraw the Basic Customs Duty (BCD) exemption on gold used in the manufacture of semiconductor devices.

The exemption from Basic Customs Duty (BCD) on gold used in the manufacture of semiconductor devices is being withdrawn.

Yes, the notification also makes several other specific amendments to the table of the principal notification, affecting entries related to aluminium wire, blade fuse bodies, and certain plastic materials.

The original notification being amended is Notification No. 25/99-Customs, dated 28th February 1999.

The notification is dated 2nd February 2020, and it makes further amendments to the principal notification.