BDO Alerts: Indirect Tax Indirect Tax Alert – Amendments and Clarifications pertaining to Import Policy Conditions under HSN 8471

Notification no: 23/2023 dated 3 August 2023 (Notification no: 23/2023) introduced various Import Policy Conditions for import of goods falling under HSN 8471¹. While the aforesaid amendments were brought into effect on an immediate basis, vide a subsequent Notification no: 26/2023 dated 4 August 2023, the aforesaid amendments were notified to be effective from 1 November 2023.

Source: BDO