Reduction in customs duty of Rice and Edible Oils - Amends notification no. 21/2002 – Effective Rate of Customs Duty - 037/2008 - Customs -Tariff

Reduction in customs duty of Rice and Edible Oils - Amends notification no. 21/2002 - Effective Rate of Customs Duty Notification No. 37/2008-Customs dated 20-03-2008 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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1 st March, 2002 which was published in the Gazette of India, Extraordinary, vide number G.S.R.118 (E), dated the 1 st March, 2002, namely:- In the said notification, - I. in the preamble, in the proviso, after clause (iad), the following clause shall be inserted, namely:- "(iae) the goods specified against serial No.22AB of the said Table on or after the 1 st day of April, 2009."; II. in the Table,- (i) after S.No. 22AA and the entries relating thereto, the following S.No. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "22AB. 1006 30 All goods Nil - -"; (ii) against S.No. 30, for the entries occurring in column (4) against clauses (A), (B) and (C) of item II of column (3), the entry "20%" shall respectively be substituted; (iii) against S.No. 36A, for the entry in column (4), the entry "20%" shall be substituted; (iv) against S.No. 36B, for the entry in column (4), the entry "27.5%" shall be substituted; (v) after S.No.37 and the entries relating thereto, the following S.Nos. and entries shall be inserted, namely:- (1) (2) (3) (4) (5) (6) "37A. 1514 11 or 1514 91 All goods, edible grade 20% - - 37B. 1514 19 or 15 14 99 All goods, edible grade 27.5% - -"; (vi) against S.No. 434, for the entry in column (4), the entry "27.5%" shall be substituted; 2. This notification shall come into force with effect from the 21 st day of March, 2008. [F.No. 354/187/2007-TRU] (S.Bajaj) Under Secretary to the Government of India Note: The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R.118(E), dated the 1 st March, 2002 and was last amended by notification No. 21/2008-Customs, dated the 1 st March, 2008 which was published in the Gazette of India, Extraordinary vide number G.S.R.120(E), dated the 1 st March, 2008.