What's New Details

IGST on Import of Oxygen Concentrators for personal use is reduced from 28% to 12%

MINISTRY OF FINANCE

(Department of Revenue)

NOTIFICATION No. 30/2021-Customs

New Delhi, the 1st May, 2021

G.S.R.313(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 exempts the  goods  of  the  description  specified  in  column  (3)  of  the  Table  below,  falling  within  the  Chapter, heading,  sub–heading  or  tariff  item  of  the  First  Schedule  to  the  Customs  Tariff  Act,  1975  (51  of  1975)  specified  in column  (2)  of  the  said  Table,  when  imported  into  India, from  so  much  of  the integrated  tax  leviable  thereon  under sub-section (7) of section 3 of the said Customs Tariff Act, read with section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table, namely -

S.No.

Chapter, heading, sub-heading or tariff item

Description

IGST rate

(1)

(2)

(3)

(4)

1.

9804

Oxygen  concentrator,  imported  for  personal use

12%

2. This notification shall remain in force upto and inclusive of the 30thJune, 2021.

[F.No. CBIC-190354/1/2021-TO(TRU-I)-CBEC]G

AURAV SINGH, Dy. Secy