Notification No 49/2023 Customs date on 25th August, 2023
25.08.2023 Seeks to levy export duty on parboiled rice by including it in 2nd Schedule of Customs Tariff Act
The extract of CUSTOMS Notification No. 49/2023- CUSTOMS is given below:
Notification No. 49/2023-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. 49 /2023-Customs
New Delhi, the 25th August, 2023
G.S.R. ......(E). - Whereas, the Central Government is satisfied that export duty should be levied on certain articles and that circumstances exist which render it necessary to take immediate action.
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8 of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), the Central Government, hereby directs that the Second Schedule to the Customs Tariff Act shall be amended in the following manner, namely: -
In the Second Schedule to the Customs Tariff Act, after Sl. No. 6B and the entries relating thereto, the following Sl. No. and entries relating thereto shall be inserted, namely: -
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(1)
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(2)
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(3)
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(4)
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“6C.
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1006 30 10
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Rice, parboiled
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20%”;
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- This notification shall come into force with immediate effect.
[F. No. CBIC-190354/161/2023-TRU]
(Amreeta Titus)
Deputy Secretary