CBIC amends Custom duty rates on Crude, Gold and Silver:

CBIC amends Custom duty rates on Crude, Gold and Silver The Central Board of Indirect Taxes and Customs(CBIC) has notified amendment in Custom duty rates on Crude, Gold and Silver. The Notification Stated, "In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001." This notification shall come into force with effect from the 16th day of May, 2023. For Official Notification Download PDF Given Below: