Seeks to amend notification No. 12/2012 dated 17.03.2012 so as to make effective rates of BCD on industrial grade palm stearin (crude, RBD or other) which were earlier classifiable under sub-heading 3823 11 and are now classifiable under 1511 90 30 consequent to the amendments carried out vide the Finance Act, 2017.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 18/2017-Customs
New Delhi, the 9th May, 2017
G.S.R.450 (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, in the Ministry of Finance (Department of Revenue), No.12/2012-Customs, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 185(E), dated the 17th March, 2012, namely:-
In the said notification, in the Table,-
(i) after serial number 59 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
|
“59A. |
1511 |
Palm stearin, whether crude, RBD or other, having free fatty acid (FFA) 20% or more |
7.5% |
– |
– |
|
59B. |
1511 |
Palm stearin, whether crude, RBD or other, having free fatty acid (FFA) 20% or more for the manufacture of oleochemicals. |
Nil |
– |
5”; |
(ii) serial number 187A and 187 B and the entries relating thereto shall be omitted.
[F.No.354/73/2017-TRU]
(Mohit Tiwari)
Under Secretary to the Government of India
Note: The principal notification No.12/2012-Customs, dated the 17th March, 2012 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 185(E), dated the 17th March, 2012 and last amended vide notification No.13/2017-Customs, dated the 13th April, 2017, published vide number G.S.R.356 (E), dated the 13th April, 2017.
