CUS NTF NO. 45/2018 DATE 23/05/2018
Seeks to increase tariff rate of basic customs duty (BCD) on Walnuts in shell [08023100 ] 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.
G.S.R. (E). - Whereas the Central Government on being satisfied that the import duty leviable on goods falling under heading 08023100 and 21061000 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 08023100, for the entry in column (4), the entry "100%" shall be substituted.
(ii) in Section IV, in Chapter 21, against tariff item 21061000, for the entry in column (4), the entry "40%" shall be substituted.
[F.No.354/170/2018-TRU]
(Mohit Tewari)
Under Secretary to the Government of India
Presented by eximkey.com