Exemption on CPO Extended by Six more
Months to 31 March 2023
·
BCD at Nil and AIDC at 5% to Continue
[Notification
No.46 /2022-Customs dated 31st August, 2022]
Seeks to amend notification Nos. 48/2021 and 49/2021 - Customs,
both dated 13.10.2021, in order to extend the existing concessional import
duties on specified edible oils 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 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:-
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Table |
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|
Table
S. No. |
Notification No. and Date |
Amendments |
|
(1) |
(2) |
(3) |
|
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 “30th September, 2022”, the figures, letters and word “31st
March, 2023” 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, in paragraph 2, the words, figures,
and letters “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 omitted. |
[F.
No. CBIC-190354/227/2022-TO(TRU-I)]