AIDC (Nil) Exemption on Lentils (Masur) Extended to 31 March 2023 from 30 Sept 2022

· Concession will not Apply on Crude Soyabean oil, Palm Oil and Sunflower Oil after 1 Oct 2022

[See BIG’s Easy Reference Customs Tariff Feb 2022 Edn, at page 446 and Daily Index of Changes (DIndex Code 15035) for details]

[Notification No. 44/2022-Customs dated 23 July, 2022]

Seeks to amend notification No. 49/2021 - Customs, dated 13.10.2021, in order to extend the concessional Agriculture Infrastructure and Development Cess [AIDC] of Nil on Lentils (Mosur) up to and inclusive of the 31st March, 2023.

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 “30th September, 2022”, the figures, letters and words “31st March, 2023. 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 October, 2022” shall be substituted.

[F. No. CBIC-190354/171/2022-TO(TRU-I)]