Indo-Malaysia PTA Concessional Duty Revised

·        Coffee not Roasted – 55% from 60%

·        Black Tea, other (fermented) – 55% from 60%

·        Pepper – 52% from 54%

·        Crude Palm oil 44% from 48%

·        Refined Palm Oil – 54% from 58%

·        Animal Fats and oils – Revised Up to 52% from 0% - (Item Prohibited under Import Policy)

·        Palm Kernel Oil – 52% from 58%

·        Edible Grade Margarine – 48% from 52%

[Ref:  Notification No. 97/2017-Customs dated 29 December 2017]

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), 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.53/2011-Customs, dated the 1st July, 2011 published in the Gazette of India, vide number G.S.R. 499 (E), dated the 1st July, 2011, namely:-

In the said notification, in the Table,-

i) in Sl. No. 84, for the entry in column (4), the entry “55.0”, shall be substituted;

ii) in Sl. No.85, for the entry in column (4), the entry “55.0”, shall be substituted;

iii) in Sl. No. 87, for the entry in column (4), the entry”52.0”, shall be substituted;

iv) in Sl. No.129, for the entry in column (4), the entry “44.0”, shall be substituted;

v) in Sl. No. 130, for the entry in column (4), the entry “54.0”, shall be substituted;

vi) in Sl. No. 133, for the entry in column (4), the entry”52.0”, shall be substituted;

vii) in Sl. No. 134, for the entry in column (4), the entry”52.0”, shall be substituted;

viii) in Sl. No. 136, for the entry in column (4), the entry “48.0”, shall be substituted.

2. This notification shall come into force with effect from the 1st day of January, 2018.

[F. No. 354/43/2009-TRU]