Notification No. 72/2023-Customs (N.T.) dated September 30, 2023
The Central Board of Indirect Taxes and Customs (CBIC) has notified that no customs duty on actionable claims of betting, casinos, gambling, horse racing, lottery, online money gaming w.e.f. October 01, 2023.
For the purposes of tariff item 2207 10 12, “Spirits for industrial use” means rectified spirits which are used for industrial preparation of pharma, food, healthcare products or such other products, except for use in preparation of alcoholic liquors for human consumption.’
This Notification shall come into effect from October 01, 2023.