Seeks to reduce AIDC on crude soya, sunflower, palm oils, Lentil and Bengal gram - 49/2021 - Customs -Tariff

GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 49/2021-Customs New Delhi, the 13th October, 2021 G.S.R. 734 (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 exempts goods of the description specified in column (3) of the Table below and falling within the Chapter, heading or sub-heading or tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as specified in column (2) of the said Table, from so much of the Agriculture Infrastructure and Development Cess leviable thereon under the said section of the Finance Act, 2021 (13 of 2021) , as is in excess of the amount calculated at the rate specified in column (4) of the said Table, namely: - Table S. No. Chapter or Heading or sub-heading or tariff item of the First Schedule Description of goods Rate (1) (2) (3) (4) 1. 1507 10 00 Crude Soya-bean oil, whether or not degummed 5% 2. 1511 10 00 Crude Palm Oil 1 [ 5% ] 3. 1512 11 10 Crude Sunflower seed oil 5% 2 [ 4. 0713 40 00 Lentil (Mosur) Nil ] 9 [ 5. 0713 20 20 Bengal gram (desi chana) Nil ] 2. This notification shall come into effect on the 14th October, 2021, and will remain in force up to and inclusive of the 7 [ 31st March, 2025. 8 [ **** ]] . 5 [ **** ]] . [F. No. CBIC-190354/226/2021-TRU] (Rajeev Ranjan) Under Secretary to the Government of India ************* NOTES:- 1. Substituted vide Notification No. 16/2022-Customs dated 12-02-2022 w.e.f. 13-02-2022 before it was read as 7.5% 2. Inserted vide Notification No. 16/2022-Customs dated 12-02-2022 w.e.f. 13-02-2022 3. Substituted vide Notification No. 16/2022-Customs dated 12-02-2022 w.e.f. 13-02-2022 before it was read as 31st March, 2022 4. Substituted vide NOTIFICATION No. 44/2022-Customs dated 23-07-2022 before it was read as, 3 [ 30th September, 2022 ] 5. Omitted vide NOTIFICATION NO. 46/2022-Customs dated 31-08-2022 before it was read as, 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 6. Substituted vide NOTIFICATION NO. 65/2022-Customs dated 29-12-2022 before it was read as, 2023 7. Substituted vide Notification No. 65/2023-Customs dated 21-12-2023 before it was read as, 4 [ 31st March, 6 [ 2024 ] 8. Omitted vide NOTIFICATION NO. 02/2024-Customs dated 15-01-2024 before it was read as, 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 April, 2024 9. Inserted vide NOTIFICATION NO. 24/2024-Customs dated 03-05-2024 w.e.f. 04-05-2024