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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 48/2021-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), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby
exempts the goods of the description specified in column (3) of the Table below, falling within the Chapter, heading,
sub–heading or tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in column (2)
of the said Table, when imported into India, from so much of the duty of customs leviable thereon under the said First
Schedule to the Customs Tariff Act, 1975 (51 of 1975), as is in excess of the amount calculated at the standard rate
specified in the corresponding entry in column (4) of the said Table, namely –
Table
| S. No |
Chapter or Heading or subheading or tariff item |
Description of goods |
Standard rate |
| (1) |
(2) |
(3) |
(4) |
| 1. |
1507 10 00 |
Crude Soya-bean oil, whether or not degummed |
Nil |
| 2. |
1507 90 10 |
Soya-bean oil, edible grade |
17.5% |
| 3. |
1511 10 00 |
Crude Palm Oil |
Nil |
| 4. |
1511 90 |
Refined bleached deodorized(RBD) palm oil, RBD palmolein, RBD palm stearin and any palm oil other than crude palm oil |
17.5% |
| 5. |
1512 11 10 |
Crude Sunflower seed oil |
Nil |
| 6. |
1512 19 10 |
Sunflower oil, edible grade |
17.5% |
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
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