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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.154/94-Customs, dated the 13th July, 1994, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 583 (E),dated the 13th July, 1994, namely :-

1. In the said notification, in the TABLE, against S.No.3, in column 3, in condition (v), in clause (A), in sub-clause (b), for the letters, figures, brackets and words "Rs.1,00,000 (One lakh)", the letters, figures, brackets and words "Rs.3,00,000 (Three lakhs)" shall be substituted.

2. This notification shall come into force on the 24th day of July, 2024.

[F. No.334/03/2024-TRU]

(Nitish Karnatak)

Under Secretary to the Government of India

Note: The principal notification No.154/94-Customs, dated the 13th July, 1994 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 583 (E), dated the 13th July, 1994 and was last amended by notification No.43/2017-Customs, dated the 30th June, 2017, vide number G.S.R. 778 (E), dated the 30th June, 2017.