| Date: |
13-10-2021
|
| Notification No: |
Notification No. 49/2021-Customs
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Tariff
|
| File No: |
[F. No. CBIC-190354/226/2021-TRU] |
| Subject: |
Seeks to reduce AIDC on crude soya, sunflower and palm oils till 31.03.2022
|
|
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 49/2021-Customs
New Delhi, the 13th October,2021
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) read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being
satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column
(3) of the Table below and falling within the Chapter, heading or sub-heading or tariff item of the First Schedule to
the Customs Tariff Act, 1975 (51 of 1975) as specified in column (2) of the said Table, from so much of the Agriculture
Infrastructure and Development Cess leviable thereon under the said section of the Finance Act, 2021 (13 of 2021), as
is in excess of the amount calculated at the rate specified in column (4) of the said Table, namely: -
Table
| S. No |
Chapter or Heading or subheading or tariff item |
Description of goods |
Rate |
| (1) |
(2) |
(3) |
(4) |
| 1. |
1507 10 00 |
Crude Soya-bean oil, whether or not degummed |
5% |
| 2. |
1511 10 00 |
Crude Palm Oil |
Nil |
| 3. |
1512 11 10 |
Crude Sunflower seed oil |
5% |
2. This notification shall come into effect on the 14th October, 2021, and will remain in force up to and inclusive
of the 31st March, 2022.
[F. No. CBIC-190354/226/2021-TRU]
(Rajeev Ranjan)
Under Secretary to the Government of India
|
|
|