TMI BlogClarification on admissibility of benefit of exemption in respect of 'Virgin Olive Oil' under Notification No.21/2002-Customs dated 1.3.2002 — reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... oms dated 1.3.2002 — reg. Your attention is invited to Notification No.21/2002-Customs dated 1.3.2002 as amended by Notification No.42/2008-Customs dated 1.4.2008 wherein certain duty concessions have been extended to edible oils specified therein. 2. In this regard, since the word 'virgin' is not mentioned in the description of the entry at serial No.33A of the Notification No. 21/2002 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... basically residue oils obtained by means of solvent extraction from the residues left after the olives have been pressed to produce olive oils of heading 1509. 4. There is no reference to the term 'crude oil' in the explanatory notes of the Harmonized System of Nomenclature (HSN) relating to oils of heading 1509. However, in respect of other edible oils such as soya bean oil (1507), ground nut o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tended to cover all edible oils which have not been subjected to any process of refining. Thus, all types of olive oils, including 'ordinary virgin olive oil' and 'extra virgin olive oil' which have not undergone any refining process and are of edible grade, are eligible for the benefit of exemption under Serial No.33A of the notification as crude, edible oil. The condition of edible grade of oliv ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
