Notification to extend the end date of reduced AIDC

Notification to extend the end date of reduced AIDC

Notification to extend the end date of reduced AIDC on crude soya, sunflower and palm oils to 31st March, 2025

Seeks to further amend No. 49/2021-Customs, dated the 13th October, 2021 to extend the end date to 31st March, 2025 – Notification No. 65/2023-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) read with section 124 of the Finance Act, 2021 (13 of 2021), 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. 49/2021-Customs, dated the 13th October, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 734(E)., dated the 13th October, 2021, namely :-

In the said notification, in paragraph 2, for the figures, letters and word “31st March, 2024”, the figures, letters and words“31st March, 2025. Provided that nothing contained in this notification shall apply to the goods specified against serial numbers 1, 2 and 3 of the Table above on or after the 1st day of April, 2024” shall be substituted.

Note:The principal notification No. 49/2021-Customs, dated the 13th October, 2021, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 734(E), dated the 13th October, 2021, and was last amended vide notification No. 65/2022-Customs, dated the 29th December, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), videnumber G.S.R. 909(E), dated the 29th December, 2022.

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