| Date: |
29-06-2021
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| Notification No: |
Notification No. 34/2021-Customs
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| Issuing Authority: |
Indian Customs
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| Type: |
Tariff
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| File No: |
F. No. CBIC-190354/87/2021-TRU Section-CBEC |
| Subject: |
Seeks to reduce the basic custom duty on Crude Palm Oil [1511 10] and Palm Oil other than Crude Palm Oil [1511 90] till 30th September 2021.
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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 34/2021-Customs
New Delhi, the 29th June, 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, 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 -
| S. No. |
Chapter, heading, subheading or tariff item |
Description |
Standard Rate |
| (1) |
(2) |
(3) |
(4) |
| 1. |
1511 10 00 |
Crude Palm Oil |
10% |
| 2. |
1511 90 |
All goods (RBD Palm Oil, RBD
Palmolein, RBD Palm Stearin and
any Palm Oil other than Crude
Palm Oil) |
37.5% |
2. This notification shall come into effect on
30th June 2021 and will remain in force upto and inclusive of the 30th
September, 2021.
[F. No. CBIC-190354/87/2021-TRU Section-CBEC]
(Rajeev Ranjan)
Under Secretary to the Government of India.
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