Concessional duty restriction on palm oil imports implemented, limiting eligibility after an announced cutoff date under customs amendment. The Central Government, invoking the power under section 25(1) of the Customs Act, 1962, by Notification No.92/2006-Customs inserted clause (i) in the proviso to the preamble of Notification No.21/2002-Customs to apply concessional duty only to the goods specified at serial numbers 34 and 434 of the Table on or after the first day of November, 2006.
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Concessional duty restriction on palm oil imports implemented, limiting eligibility after an announced cutoff date under customs amendment.
The Central Government, invoking the power under section 25(1) of the Customs Act, 1962, by Notification No.92/2006-Customs inserted clause (i) in the proviso to the preamble of Notification No.21/2002-Customs to apply concessional duty only to the goods specified at serial numbers 34 and 434 of the Table on or after the first day of November, 2006.
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