CUSTOMS Notification No 47 of 2018 dated 14th June, 2018

 Notification no 47/2018 Customs date on 14th June, 2018 

 

seeks to further amend notification No. 50/2017- Customs dated 30.06.2017 so as to increase basic customs duty (BCD) to 35% on crude edible vegetable oils and to 45% on refined edible vegetable oils. 

The extract of CUSTOMS Notification No. 47/2018- CUSTOMS is given below: 

Notification No. 47/2018-CUSTOMS

 

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(Department of Revenue)

 

Notification No.  47 /2018-Customs

 

 

New Delhi, the 14th June, 2018.

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) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide, number G.S.R. 785(E), dated the 30th June, 2017, namely:-

 

 

 

In the said notification, in the Table,-

 

 

 

 

(1)

against S.No. 61, for the entry in column (4), the entry “35%”shall be substituted;

 

 

(2)

against S.No. 62, for the entry in column (4), the entry “45%”shall be substituted;

 

 

(3)

against S.No. 63, for the entry in column (4), the entry “35%” shall be substituted;

 

 

(4)

for S.No. 64 and the entries relating thereto, the following shall be substituted, namely:-

 

 

 

 

 

 

 

 

 

 

 

(1)

 

(2)

(3)

(4)

 

(5)

(6)

 

“64.

 

1508, 1510, 1512 (other than

All  goods,  refined  and  edible

45%

 

-

-

 

 

 

1512 19 10), 1513, or 1515

grade

 

 

 

 

 

 

 

 

 

 

 

 

 

 

64A.

 

1509

All  goods,   refined  and  edible

40%

 

-

-”;

 

 

 

 

grade

 

 

 

 

(5)

against S.No. 70, for the entry in column (4), the entry “35%” shall be substituted;

 

 

(6)

against S.No. 71, for the entry in column (4), the entry “45%” shall be substituted;

 

 

(7)

against S.No. 73, for the entry in column (4), the entry “35%” shall be substituted;

 

 

(8)

against S.No. 74, for the entry in column (4), the entry “45%” shall be substituted;

 

 

(9)

against S.No. 77, for the entry in column (4), the entry “45%” shall be substituted;

 

 

(10)

against S.No. 79, for the entry in column (4), the entry “45%” shall be substituted.

 

 

 

[F.No. 354 /203/2012- TRU]

 

 

(Mohit Tewari)

 

Under Secretary to the Government of India

 

Note: The principal notification No.50/2017-Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide, number G.S.R. 785(E), dated the 30th June, 2017 and last amended, vide, notification No. 46/2018 -Customs, dated the 23rd May, 2018, published, vide, number G.S.R. 476 (E), dated the 23rd May, 2018.


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