CUSTOMS Notification No. 87 of 2017 dt 17h November, 2017

 

Notification no. 87/2017 Customs date on 17th November, 2017

  

Seeks to (1) Increase the BCD on crude palm oil of edible grade from 15% to 30%; and (2) Increase the BCD on refined palm oil of edible grade from 25% to 40%. (3) Increase the BCD on crude sunflower oil from 12.5% to 25%; (4) Increase the BCD on refined sunflower oil of edible grade from 20% to 35%; (5) Increase the BCD on crude soya bean oil from 17.5% to 30%; (6) Increase the BCD on refined soya bean oil from 20% to 35%; (7) Increase the BCD on crude rapeseed oil including canola oil (Low erucic acid rapeseed oil), mustard oil and colza oil from 12.5% to 25%; (8) Increase the BCD on refined rapeseed oil including canola Oil (Low erucic acid rapeseed oil), mustard oil, and colza oil from 20% to 35%;

  

The extract of CUSTOMS Notification No. 87/2017- CUSTOMS is given below:

 

Notification No. 87/2017-CUSTOMS

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (i)]

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(Department of Revenue)

 

Notification No. 87 /2017-Customs

 

New Delhi, the 17th November, 2017

 

G.S.R.             (E).- In exercise of the powers conferred by sub-section (1) of section 25 of            the

 

Customs Act, 1962 (52 of 1962), the Central Government, 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, Ministry of Finance (Department of Revenue), No. 50/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 785(E), dated the 30th June, 2017, namely:-

 

In the said notification, in the Table,-

 

(i)                 against serial number 57, in column (4) against clauses (A), (B) and (C) of item II of column (3), for the entry “15%” the entry “30%”” shall be substituted;

 

(ii)              against serial number 61, in column (4), for the entry “17.5%” the entry “30%”” shall be substituted;

 

(iii)            against serial number 62, in column (4), for the entry “20%” the entry “35%”” shall be substituted;

 

(iv)             against serial number 63, in column (2),  for the entry  “1508, 1509, 1510, 1512,

 

1513, 1514 or 1515” the entry “1508, 1509, 1510, 1512 (other than 1512 11 10), 1513, or 1515” shall be substituted;

 

(v)               against serial number 64, in column (2), for the entry  “1508, 1509, 1510, 1512,

 

1513, 1514 or 1515” the entry “1508, 1509, 1510, 1512 (other than 1512 19 10), 1513, or 1515” shall be substituted;

 

(vi)             against serial number 65, in column (4), for the entry “25%” the entry “40%”” shall be substituted;

 

(vii)          against serial number 70, in column (4), for the entry “12.5%” the entry “25%”” shall be substituted;

 

(viii)        against serial number 71, in column (4), for the entry “20%” the entry “35%”” shall be substituted;

 

(ix)             against serial number 73, in column (4), for the entry “12.5%” the entry “25%”” shall be substituted;

 

(x)               against serial number 74, in column (4), for the entry “20%” the entry “35%”” shall be substituted;

 

[F.No. 354/203/2012- TRU]

 

 

(Mohit Tewari)

Under Secretary to the Government of India

 

Note: The principal notification No.50/2017-Customs, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 785(E), dated the 30th June, 2017 and last amended vide notification No.85/2017-Customs, dated the 14th November, 2017, published vide number G.S.R. 1403 (E), dated the 14th November, 2017.


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