Dry Whey (Mattha) in HS Codes 0404 10 20 and 0404 10 90 Duty Raised
to 40%
·
Liquid
Whey in Tariff Items 040410 10 and 0404 90 Continues at 30%
[Notification
No. 43/2018 – Customs dated 10 April
2018]
Seeks to increase tariff rate of basic customs duty (BCD) on
tariff items covered under tariff sub head 0404 10 i.e. Whey and modified Whey,
whether or not concentrated or containing added sugar or other sweetening
matter, and under tariff item 0404 90 00 i.e. Other Whey from present 30% to
40% by invoking section 8A (1) of the Customs Tariff Act, 1975
Whereas the Central Government on being satisfied that the import duty
leviable on goods falling under heading 0404 of the First Schedule to the Customs Tariff Act,
1975 (51 of 1975), should be increased and that circumstances exist which render it necessary to take immediate
action.
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8A
of the
said Customs
Tariff
Act, the Central Government, hereby
directs that the First
Schedule to the said Customs Tariff Act, shall be amended
in the following manner, namely:-
In the First Schedule
to the said Customs Tariff Act,
in Section I,
in Chapter 4, against tariff items 0404 10 10, 0404 10 20, 0404 10 90 and 0404
90 00, for the entries in column (4),
the entries "40%" shall be
substituted.
[F.No.354/107/2018-TRU ]
[Notification No. 44/2018 – Customs dated 10 April 2018]
Seeks to amend notification No. 50/2017 Customs dated 30.06.2017
so as to maintain effective rate of BCD on Whey, concentrated, evaporated or
condensed, liquid or semi-solid (0404 10 10) and Other Whey (0404 90 00) at
30%.
In exercise of the powers conferred by sub-section (1) of section 25 of
the Customs Act, 1962
(52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), 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, Ministry
of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide,
number G.S.R. 785(E), dated the 30th June, 2017, namely:-
In the said notification, in the Table, after serial number 7
and the entries relating thereto, the
following serial numbers
and entries
shall be
inserted, namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
|
“7 A. |
0404 10 10 |
Whey, concentrated, evaporated
or condensed, liquid or semi-solid |
30% |
- |
- |
|
7 B. |
0404 90 00 |
All
goods |
30% |
- |
-”. |
[F.No. 354/107/2018- TRU]