Wheat Duty Raised to 30%

·      Smuggling Prone Items Shelled Almonds, Walnuts, Protein Concentrates Duties Hiked, Unofficial Smuggling to Rise

[Notification No. 45 /2018 – Customs dated 23 May 2018]

Seeks to increase tariff rate of basic customs duty (BCD) on Walnuts in shell [0802 31 00 ] from 30% to 100% and increase tariff rate of basic customs duty (BCD) on Protein concentrates and textured protein substances [2106 10 00] from 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 0802 31 00 and 2106 10 00 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,-

(i) in Section II, in Chapter 8, against tariff item 0802 31 00, for the entry in column (4), the entry "100%" shall be substituted.

(ii) in Section IV, in Chapter 21, against tariff item 2106 10 00, for the entry in column (4), the entry "40%" shall be substituted.

[F.No.354/170/2018-TRU]

 

[Notification No. 46 /2018-Customs dated 23 May 2018]

Seeks to further amend notification No. 50/2017- Customs dated 30.06.2017 so as to:
i. increase basic customs duty (BCD) on shelled Almonds [0802 12 00] from Rs.65/Kg to Rs.100/Kg 
ii. increase basic customs duty (BCD)on wheat [1001 19 00, 1001 99 10] from present 20% to 30%.
iii increase basic customs duty (BCD) on Protein concentrates [2106 10 00] from 10% to 40%.

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,-

(i) serial number 25 and the entries relating thereto shall be omitted;

(ii) against serial number 37, for the entry in column (4), the entry “30%” shall be substituted;

(iii) serial number 102 and the entries relating thereto shall be omitted.

[F.No. 354/68/2006- TRU]