Changes in import duty of veg oils

Dated 24th December, 2014 | Notification no. 34 /2014-Customs | 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, 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. 12/2012- Customs, dated the 17th March, 2012 which was published in the Gazette of India, Extraordinary, vide G.S.R. 185(E), dated the 17th March, 2012, namely:- In the said notification, in the Table,- (i)  against S.No.51, for the entries occurring in column (4) against clauses (A), (B) and (C) of item II in column (3), the entry “7.5%” shall respectively be substituted; (ii)    against S.No.55, for the entry in column (4), the entry “7.5%” shall be substituted; (iii)    against S.No. 56, for the entry in column (4), the entry “15%” shall be substituted; (iv)    against S.No.57, for the entry in column (4), the entry “7.5%” shall be substituted; (v)    against S.No. 58, for the entry in column (4), the entry “15%” shall be substituted; (vi)    against S.No. 59, for the entry in column (4), the entry “15%” shall be substituted; (vii)    against S.No. 62, for the entry in column (4), the entry “7.5%” shall be substituted; (viii)    against S.No. 63, for the entry in column (4), the entry “15%” shall be substituted; (ix)    against S.No. 65, for the entry in column (4), the entry “7.5%” shall be substituted. (x)    against S.No. 66, for the entry in column (4), the entry “15%” shall be substituted; (xi)    against S.No. 69, for the entry in column (4), the entry “15%” shall be substituted; (xii)    against S.No. 71, for the entry in column (4), the entry “15%” shall be substituted.   [F. No. 354/203/2012-TRU]

[Pramod Kumar]                         Under Secretary to the Government of India

Note. - The principal notification No. 12/2012-Customs, dated the 17th March, 2012 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 185(E), dated the 17th March, 2012, and was last amended vide notification No. 31 /2014-Customs, dated the 11th November, 2014, published vide number G. S. R. 792(E), dated the 11th November, 2014.   Source: CBEC Original release