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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification No. 34/2019-Customs

New Delhi, the 30
th
September, 2019
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the
Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of Customs Tariff Act,
1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public
interest so to do, hereby makes the following amendment in the notification of the
Government of India, in the Ministry of Finance (Department of Revenue), No. 50/2017-
Customs, dated the 30
th
June, 2017, published in the Gazette of India, Extraordinary, Part II,
Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30
th
June, 2017, namely:-
In the said notification, -
(I) In the Table,
(a) against S. No. 359A, for the entry in column (3), the entry, “Import of gold,
silver or platinum by specified banks and other entities (as per List 34)”, shall be
substituted;
(b) against S. No. 557A, in column (3), for the words “taken on lease by the importer
for use after import”, the words, figures and brackets, “under a transaction
covered by item 1(b) or 5(f) of Schedule II of the Central Goods and Services
Tax Act, 2017”, shall be substituted;
(c) against S. No. 557B, in column (3), for the words “under lease, by the importer
for use after import”, the words, figures and brackets, “under a transaction
covered by item 1(b) or 5(f) of Schedule II of the Central Goods and Services
Tax Act, 2017”, shall be substituted;
(d) after S. No. 557B and the entries relating thereto, the following S. No. and entries
shall be inserted, namely: -
(1) (2) (3) (4) (5) (6)
“557C 89 Ships/ Vessels for providing cable laying
or repairing services in Indian Customs
waters
-- Nil 105”;

(II) in the ANNEXURE, -
(i) after Condition No. 104 and the entries relating thereto, the following Condition
No. and entries shall be inserted, namely: -

Condition
No.
Condition
“105
The importer, by the execution of bond, in such form and for such sum
as may be specified by the Commissioner of Customs, binds himself to,
-
(i) pay duty on goods used in cable laying or repairing services,
leviable under the Customs Act, 1962 and integrated tax
leviable under Section 3 (7) of the Customs Tariff Act, 1975;
(ii) pay applicable integrated tax leviable under section 5(1) of the
Integrated Goods and Services Tax Act, 2017 on cable laying
or repair service;
(iii)to furnish an undertaking to the Deputy Commissioner of
Customs or the Assistant Commissioner of Customs, as the
case may be, to the effect that the imported goods shall not be
cleared for home consumption, and shall be used only for the
intended purpose;
(iv) to re-export the ship/ vessel immediately after completion of
the said cable laying or repairing service;
(v) to pay on demand an amount equal to the integrated tax
payable on the said goods but for the exemption under this
notification in the event of violation of any of the above
conditions.”;

(III) in List 34, after item number (41), and the entries relating thereto, the following
shall be inserted, namely: -
“(42) Diamond India Limited (DIL).”.
2. This notification shall come into force on the 1
st
day of October, 2019.
[F.No.354/131/2019-TRU]

(Ruchi Bisht)
Under Secretary to the Government of India

Note: The principal notification No.50/2017-Customs, dated the 30
th
June, 2017 was
published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide
number G.S.R. 785(E), dated the 30
th
June, 2017 and last amended vide notification No.
31/2019-Customs, dated the 24
th
September, 2019, published vide number G.S.R.684(E),
dated the 24
th
September, 2019.