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.
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Tariff classification change affects Basic Customs Duty applicability on industrial grade palm stearin, prompting import compliance guidance. Proposed amendment to notification No. 12/2012 to render effective the Basic Customs Duty rates for industrial grade palm stearin (crude, RBD or other) after its tariff reclassification, aligning duty application with legislative changes and directing importers and agents to Notification No. 18/2017 - Customs and the customs website for guidance on procedural implementation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
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Proposed amendment to notification No. 12/2012 to render effective the Basic Customs Duty rates for industrial grade palm stearin (crude, RBD or other) after its tariff reclassification, aligning duty application with legislative changes and directing importers and agents to Notification No. 18/2017 - Customs and the customs website for guidance on procedural implementation.
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