Seeks to confirm the provisional increase of 5% in the rate of duty of customs levied vide notification No. 29/2019-Cus dated 04.09.2019, for a period of 180 days, on imports of “Refined Bleached Deodorized Palmolein and Refined Bleached Deodorized Palm Oil”, falling under tariff item [1511 90 10] or tariff item [1511 90 20] of the First Schedule to the Customs Tariff Act, 1975, originating in Malaysia and imported under India-Malaysia Comprehensive Economic Cooperation Agreement. - 22/2020 - Customs -Tariff
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Bilateral safeguard duty confirmed for refined palm oil imports from Malaysia under CECA; no extension beyond initial period. Confirms the provisional bilateral safeguard duty raising customs duty by five percent on Refined Bleached Deodorized Palmolein and Refined Bleached Deodorized Palm Oil (tariff items 1511 90 10 and 1511 90 20) originating in Malaysia and imported under CECA, for a period of 180 days from 4 September 2019. The designated authority's investigation found critical circumstances and, noting changes in import policy and preferential duty structures including ASEAN FTA interactions, recommended confirmation of the provisional duty and no further extension; the Central Government confirmed the duty under section 25(1) of the Customs Act read with the Bilateral Safeguard Rules.
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Bilateral safeguard duty confirmed for refined palm oil imports from Malaysia under CECA; no extension beyond initial period.
Confirms the provisional bilateral safeguard duty raising customs duty by five percent on Refined Bleached Deodorized Palmolein and Refined Bleached Deodorized Palm Oil (tariff items 1511 90 10 and 1511 90 20) originating in Malaysia and imported under CECA, for a period of 180 days from 4 September 2019. The designated authority's investigation found critical circumstances and, noting changes in import policy and preferential duty structures including ASEAN FTA interactions, recommended confirmation of the provisional duty and no further extension; the Central Government confirmed the duty under section 25(1) of the Customs Act read with the Bilateral Safeguard Rules.
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