NEW DELHI: Central Board of Indirect Taxes and Customs (CBIC) Saturday rolled out another trade facilitation measure merging 31 Customs duty notifications into a consolidated one. It said the new notification would be effective from Nov 1. "A step towards simplification, transparency and ease of doing business," CBIC posted on X. In a set of FAQs released by the department it said this is a trade-friendly measure and Notification No. 45/2025-Customs has been issued by merging erstwhile notification No. 50/2017-Customs dated 30.6.2017 and 30 erstwhile standalone Customs notifications. "Instead of referring to 31 separate notifications, the exemptions/concessional rates contained in these 31 notifications are now available in this single notification," CBIC said. The indirect tax depart
31 Customs duty notifications merged to ease compliance
The Times of India1 hrs ago
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