seeks to increase tariff rate of basic customs duty (BCD) on tariff items covered under tariff sub head 0404 10 ie. Whey and modified Whey, whether or not concentrated or containing added sugar or other sweetening matter, and under tariff item 0404 90 00 ie. Other Whey from present 30% to 40% by invoking section 8A (1) of the Customs Tariff Act, 1975 - 43/2018 - Customs -Tariff
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Basic customs duty increase on whey imports raises tariff level under emergency tariff power by government. Central Government, invoking section 8A(1) of the Customs Tariff Act, directed amendment of the First Schedule to replace the column (4) duty entries for tariff items 0404 10 10, 0404 10 20, 0404 10 90 and 0404 90 00 (whey and modified whey) with a higher basic customs duty, effected by ministerial notification as an immediate action under delegated statutory power.
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Basic customs duty increase on whey imports raises tariff level under emergency tariff power by government.
Central Government, invoking section 8A(1) of the Customs Tariff Act, directed amendment of the First Schedule to replace the column (4) duty entries for tariff items 0404 10 10, 0404 10 20, 0404 10 90 and 0404 90 00 (whey and modified whey) with a higher basic customs duty, effected by ministerial notification as an immediate action under delegated statutory power.
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