Ref. MR/CIR/2023-24/00128 13 June 2023
To: Members of the Council,
Sub: Review of Conditional Exemptions or Concessional BCD rates for Imports – reg
Dear Sir,
As you are aware, the Department of Revenue, Ministry of Finance provides conditional Customs Duty rate/ exemption on import of selected products as mentioned in the attached Annexure - I (click to download) . This Conditional Customs Duty rate/ exemption on import is valid upto 31st March 2024 and now, the matter is being reviewed by the Ministry whether the same to be continued or not. The Office Memorandum (click to download) received in this regard from the Ministry is attached herewith for details.
In view of the above, views/ comments of the Members on as to whether such exemptions need to be continued after 31st March 2024 or allowed to be lapsed after 31st March 2024, are requested with justification, in the format given in the attached Annexure – I. Members may send their respective views/ comments by email at ed@srtepc.in, baruah@srtepc.in on or before 19th June 2023, so as to help us send a consolidated reply to the Ministry as solicited.
Thanking You,
A Ravi Kumar
Executive Director
