Vegetable Oil Customs Duty Hiked to 7.5% and 15% from 2.5% and 10%

[Ref: 34/2014-Customs dated 24 December 2014]

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]

 

The amended entries are giving below for ready reference.

SNo.

Chapter or Heading or Sub-Heading or Tariff Item

Description of Goods

Standard Rate

Additional Duty Rate

Condition No.

51.

15.

I. The following goods, other than of edible grade, namely:-

 

 

 

 

 

(A) Crude palm stearin having Free Fatty Acid (FFA) 20 percent or more and falling under heading 1511, imported for manufacture of soaps, fatty acids and fatty alcohols by a manufacturer having plant for splitting up of such oils into fatty acids and glycerols

Nil 7.5% 10%

-

5

 

 

(B) All goods (except crude palm oil and crude palm stearin) having Free Fatty Acid (FFA) 20 percent or more and falling under heading 1507, 1508, 1509, 1510, 1511, 1512, 1513, 1514 or 1515, imported for the manufacture of soaps, industrial fatty acids and fatty alcohol by a manufacturer having plant for splitting up of such oils into fatty acids and glycerols

Nil 7.5% 12.5%

-

5

 

 

(C) All goods (except crude palm oil), having Free Fatty Acid (FFA) 20 percent or more, and falling under heading 1507, 1508, 1509, 1510, 1511, 1512, 1513, 1514 or 1515 for the manufacture of soaps, industrial fatty acids, and fatty alcohol

Nil 7.5% 20%

-

5

 

 

(D) All goods (except crude palm oil), having Free Fatty Acid (FFA) 20 percent or more and falling under heading 1507, 1508, 1509, 1510, 1511, 1512, 1513, 1514 or 1515

65%

-

-

 

 

II. The following goods, of edible grade namely,-

 

 

 

 

 

(A) Crude palm oil falling under heading 1511, having an acid value of 4 or more and total carotenoid (as beta carotene) in the range of 250 mg/kg. to 2500 mg/kg., in loose or bulk form for manufacture of refined oil, refined palmolein, vanaspati, bakery shortening or inter-esterified fats

7.5% 2.5% Nil

-

5

 

 

(B) Crude Palmolein falling under heading 1511, having an acid value of 4 or more and total carotenoid (as beta carotene) in the range of 500 mg/kg. to 2500 mg/kg., in loose or bulk form for manufacture of refined oil, refined palmolein, vanaspati, bakery shortening or inter-esterified fats

7.5% 2.5% Nil

-

5

 

 

(C) Fractions of crude palm oil (other than crude palmolein) falling under heading 1511, having an acid value of 2 or more and total carotenoid (as beta carotene) in the range of 500 mg/kg. to 2500 mg/kg., in loose or bulk form

Explanation.-For the purposes of this entry, “Crude palm oil” means fixed vegetable oils, fluid or solid, obtained by pressure, if they have undergone no processing other than decantation, centrifugation or filtration, provided that, in order to separate the oils from solid particles only mechanical force, such as gravity, pressure or centrifugal force, has been employed, excluding any absorption filtering process, fractionalization or any other physical or chemical process. If obtained by extraction an oil shall continue to be considered as “crude”, provided it has undergone no change in colour, odour or taste when compared with corresponding oil obtained by pressure
[Basic duty raised to 2.5% from Nil by 02/23.01.2013; SNo. 51 substituted by 05/17.02.2014; Basic duty reduced to Nil from 7.5% by 12/11.07.2014; Basic duty raised to 7.5% from 2.5% by 34/2014-Cus dated 24.12.2014]

7.5% 2.5% Nil

-

-

55.

15071000

All goods
[Basic duty raised to 2.5% from Nil by 02/23.01.2013; Basic duty raised to 7.5% from 2.5% by 34/2014-Cus dated 24.12.2014]

7.5% 2.5% Nil

-

-

56.

15079010

All goods
[Basic duty raised to 10% from 7.5% by 02/20.01.2014; Basic duty raised to 15%% from 10% by 34/2014-Cus dated 24.12.2014]

15% 10% 7.5%

-

-

57.

1508, 1509, 1510, 1512, 1513, 1514, or 1515

All goods, crude and edible grade
[Basic duty raised to 2.5% from Nil by 02/23.01.2013; Basic duty raised to 7.5% from 2.5% by 34/2014-Cus dated 24.12.2014]

7.5% 2.5% Nil

-

-

58.

1508,1509, 1510, 1512, 1513, 1514 or 1515

All goods, refined and edible grade
[Basic duty raised to 10% from 7.5% by 02/20.01.2014; Basic duty raised to 15% from 10% by 34/2014-Cus dated 24.12.2014]

15% 10% 7.5%

-

-

59.

1511 90

All goods
[Basic duty raised to 10% from 7.5% by 02/20.01.2014; Basic duty raised to 15% from 10% by 34/2014-Cus dated 24.12.2014]

15% 10% 7.5%

-

-

62.

15121110

All goods
[Basic duty raised to 2.5% from Nil by 02/23.01.2013; Basic duty raised to 7.5% from 2.5% by 34/2014-Cus dated 24.12.2014]

7.5% 2.5% Nil

-

-

63.

15121910

All goods
[Basic duty raised to 10% from 7.5% by 02/20.01.2014; Basic duty raised to 15% from 10% by 34/2014-Cus dated 24.12.2014]

15% 10% 7.5%

-

-

65.

1514 11 or 1514 91

All goods, edible grade
[Basic duty raised to 2.5% from Nil by 02/23.01.2013; Basic duty raised to 7.5% from 2.5% by 34/2014-Cus dated 24.12.2014]

7.5% 2.5% Nil

-

-

66.

1514 19 or 1514 99

All goods, edible grade
[Basic duty raised to 10% from 7.5% by 02/20.01.2014; Basic duty raised to 15% from 10% by 34/2014-Cus dated 24.12.2014]

15% 10% 7.5%

-

-

69.

1516 20

All goods, edible grade
[Basic duty raised to 10% from 7.5% by 02/20.01.2014; Basic duty raised to 15% from 10% by 34/2014-Cus dated 24.12.2014]

15% 10% 7.5%

-

-

71.

1517 10 21, 1517 90 10, 1517 90 20, 1518 00 11, 1518 00 21 or 1518 00 31

All goods, edible grade
[Basic duty raised to 10% from 7.5% by 02/20.01.2014; Basic duty raised to 15% from 10% by 34/2014-Cus dated 24.12.2014]

15% 10% 7.5%

-

-