Seeks to amend notification No. 12/2012 dated 17.03.2012 so as to make effective rates of BCD on industrial grade palm stearin (crude, RBD or other) which were earlier classifiable under sub-heading 3823 11 and are now classifiable under 1511 90 30 consequent to the amendments carried out vide the Finance Act, 2017 https://www.taxtmi.com/notifications?id=120133 The amendment to Notification No.12/2012-Customs inserts two tariff entries for palm stearin (crude, RBD or other) having FFA 20% or more under heading 1511: one entry imposing a basic customs duty for general imports and a separate entry granting nil basic customs duty when imported for the manufacture of oleochemicals; it also omits serial numbers 187A and 187B and is made under section 25(1) of the Customs Act, 1962. en-us Tue, 09 May 2017 00:00:00 +0530 Sat, 13 May 2017 09:44:00 +0530 TaxTMI RSS Generator Seeks to amend notification No. 12/2012 dated 17.03.2012 so as to make effective rates of BCD on industrial grade palm stearin (crude, RBD or other) which were earlier classifiable under sub-heading 3823 11 and are now classifiable under 1511 90 30 consequent to the amendments carried out vide the Finance Act, 2017 https://www.taxtmi.com/notifications?id=120133 The amendment to Notification No.12/2012-Customs inserts two tariff entries for palm stearin (crude, RBD or other) having FFA 20% or more under heading 1511: one entry imposing a basic customs duty for general imports and a separate entry granting nil basic customs duty when imported for the manufacture of oleochemicals; it also omits serial numbers 187A and 187B and is made under section 25(1) of the Customs Act, 1962. Notifications Customs Tue, 09 May 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120133