AIDC of 10% Cut to Nil on
Lentil (Mosur) upto 30 Sept
2022
·
BCD and AIDC Concession on
Crude Palm, Soyabean and Sunflower Oil Extended to 30
Sept 2022 from 31 Mar 2022
[Notification
No. 16/2022-Customs dated 12 February 2022]
Seeks to amend
notification No. 48/2021-Customs and No. 49/2021 - Customs, both dated
13.10.2021, in order to rationalise the Agriculture
Infrastructure and Development Cess [AIDC] on Crude
Palm Oil and Lentils (Mosur), and extend the validity
of the said notifications up to and inclusive of the 30th September, 2022.
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 amends
the following notifications of the Government of India in the Ministry of
Finance (Department of Revenue), specified in column (2) of the Table below, to
the extent specified in the corresponding entries in column (3) of the said
Table, namely:-
|
Table |
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|
S.
No. |
Notification
No. and Date |
Amendments |
||||||||
|
(1) |
(2) |
(3) |
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|
1. |
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 |
In
the said notification, in paragraph 2, for the figures, letters and word
“31st March, 2022”, the figures, letters and word “30th September, 2022”
shall be substituted; |
||||||||
|
2. |
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 |
In
the said notification, I.
in the Table, (i) against S. No. 2, for the entry in column (4), the
entry “5%” shall be substituted; (ii)
after S. No. 3 and the entries relating thereto, the following S. No. and
entries shall be inserted, namely: -
II.
in paragraph 2, for the figures, letters and word “31st March, 2022”, the
figures, letters and word “30th September, 2022” shall be substituted; |
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2.
This notification shall come into force on the 13th February, 2022.
[F.
No. CBIC-190354/34/2022-TO(TRU-I)]