https://www.taxtmi.com/news?id=667 Revision removes full exemptions and imposes basic customs duties: specified iron and steel items now attract a basic customs duty of 5% ad valorem, and crude soyabean oil now attracts a basic customs duty of 20% ad valorem; refined soyabean oil duty remains unchanged. The changes aim to protect domestic producers in light of falling international commodity prices and have been notified by the government with an effective date set in the notification. en-us Tue, 18 Nov 2008 21:54:08 +0530 Tue, 18 Nov 2008 21:54:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=667 Revision removes full exemptions and imposes basic customs duties: specified iron and steel items now attract a basic customs duty of 5% ad valorem, and crude soyabean oil now attracts a basic customs duty of 20% ad valorem; refined soyabean oil duty remains unchanged. The changes aim to protect domestic producers in light of falling international commodity prices and have been notified by the government with an effective date set in the notification. News - Tue, 18 Nov 2008 21:54:08 +0530 https://www.taxtmi.com/news?id=667