Notification No. 03/2023-Customs (amends Notification No. 11/2021-Customs, AIDC: inserts Sl. Nos. 15B (gold and silver dore), 15C and 15D (gold and silver))

(a) Silver dore bar, having silver content not exceeding 95%

(b) Gold dore bar, having gold content not exceeding 95% ``` <!-- page break --> Provided that the importer follows the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022: Provided further that (a) the goods are directly shipped from the country in which they were produced and each bar has a weight of 5 kg. or above; (b) the goods are imported in accordance with the packing list issued by the mining company by whom they were produced;

(c) the importer produces before the ```text Deputy Commissioner of Customs or the Assistant Commissioner of Customs, as the case may be, an assay certificate issued by the mining company or the laboratory attached to it, giving detailed precious metal content in the dore bar;

(d) the gold dore bars are imported by the actual user for the purpose of refining and manufacture of standard gold bars of purity 99.5% and above; and

(e) the silver dore bars are imported by the actual user for the purpose of refining and manufacture of silver bars of purity 99.9% and above. 15C. 71(except 7106, All goods covered under S. Nos.356 2.5% 7108) and 357 of the notification No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India vide number G.S.R. 785(E), dated the 30th June, 2017. 15D. 7106, 7108, 98 The following goods (other than 5%”; those mentioned at Sl. Nos. 15B and 15C), namely: - (a) Silver (b) Gold ``` (6) Sl. No. 16 and the entries relating thereto shall be omitted; <!-- page break --> (7) after Sl. No. 16 and the entries relating thereto, the following Sl. No. and entries shall be inserted, namely: - ```text (1) (2) (3) (4) “16A. 8802 20 00, All goods covered under S. No. 0.5%”; 8802 30 00, 543A of the Table in Notification 8802 40 00 No. 50/2017-Customs dated the 30th June, 2017, published in the Gazette of India vide no G.S.R. 785(E) dated the 30th June, 2017. ``` (8) against Sl. No. 17, in column (3), for the figure “16”, the figure “16A” shall be substituted. 2. This notification shall come into effect on the 2nd day of February, 2023. [F. No. 334/03/2023-TRU] (Vikram Vijay Wanere) Under Secretary to the Government of India Note: - The principal notification No. 11/2021-Customs, dated the 1stFebruary, 2021 was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i), vide number G.S.R. 69(E), dated the 1stFebruary, 2021 and last amended vide notification No. 60/2022-Customs, dated the 18th November, 2022 published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i), vide number G.S.R. 829(E), dated the 18th November, 2022. <!-- page break -->