Reduce BCD on Refined Soya Bean Oil and Refined Sunflower oil
Seeks to further amend 48/2021-Customs dated 14.06.2023 to reduce BCD on Refined Soya Bean Oil and Refined Sunflower oil to 12.5% – Notification No. 39/2023-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), 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. 48/2021-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. 733(E), dated the 13th October, 2021, namely:-
In the said notification, in the Table,
i. against S. No. 2, in column (4), for the entry, the entry “12.5%” shall be substituted;
ii. against S. No. 6, in column (4), for the entry, the entry “12.5%” shall be substituted.
2.This notification shall come into force with effect from the 15th day of June, 2023.
Note: The principal notification No. 48/2021-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. 733(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), vide number G.S.R. 909(E), dated the 29th December 2022.
