CUS NTF NO.49/2022 DATE 08/09/2022
Seeks to amend Second Schedule to the Customs Tariff Act to prescribe export duty on specified Rice products.
G.S.R.(E). -Whereas, the Central Government is satisfied thatexport duty should be levied on certain articles 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 8 of the Customs Tariff Act, 1975 (51 of 1975)(hereinafter referred to as the Customs Tariff Act), the Central Government, hereby directs that the Second Schedule to the Customs Tariff Act shall be amended in the following manner, namely: -
In the Second Schedule to the Customs Tariff Act, -
(i)after Sl. No. 6 and the entries relating thereto, the following Sl. Nos. and entries relating thereto shall be inserted, namely: -
(1) |
(2) |
(3) |
(4) |
“6A. |
1006 10 |
Rice in the husk (paddy or rough) |
20% |
6B. |
1006 20 |
Husked (brown) rice |
20%”; |
(ii)after Sl. No. 7 and the entries relating thereto, the following Sl. No. and entries relating thereto shall be inserted, namely: -
(1) |
(2) |
(3) |
(4) |
“7A. |
1006 30 90 |
Semi-milled or wholly-milled rice, whether or not polished or glazed(other than Parboiled rice and Basmati rice) |
20%”; |
2.This notification shall come into force on the 09thof September, 2022.
[F. No. CBIC-190354/242/2022-TO(TRU-I)]
(Vikram Vijay Wanere)
Under Secretary to the Government of India
Presented by eximkey.com