Customs duty reduction on crude palm oil lowers the standard rate via amendment to existing notification. Amendment reduces the standard rate of duty for crude palm oil and its fractions by substituting a lower figure in the Table entry for the specified schedule item of Notification No.17/2001-Customs, effected under the Central Government's power in section 25(1) of the Customs Act, 1962.
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Customs duty reduction on crude palm oil lowers the standard rate via amendment to existing notification.
Amendment reduces the standard rate of duty for crude palm oil and its fractions by substituting a lower figure in the Table entry for the specified schedule item of Notification No.17/2001-Customs, effected under the Central Government's power in section 25(1) of the Customs Act, 1962.
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