Review of Specific Custom Notifications by Ministry of Finance

Budget 2021 proposed to review some of the existing Customs Exemption Notifications in order to make them more relevant. In this context, Ministry of Finance has identified first set of Custom exemptions for the purpose of review (list available here ). Suggestions are invited from stakeholders only on these notifications with the need for a review of the notification, amendment in the wording of the notification for bringing clarity, consolidation, other relevant factors such as extent of use, etc. The recommendations/suggestions can be made here . You can also share your suggestions with us in the below format by August 19, 2021.