Utilisation of DEPB for edible oil imports
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....st so to do, hereby directs that each of the notifications of the Government of India in the Ministry aof Finance (Department of Revenue) specified in column (2) of the Table below shall be further amended in the manner as specified in the corresponding entry in column (3) of the said Table, namely:- Table S. No. Notification number and date Amendment (1) (2) (3) 1. 45/2002-Customs, dated....
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....Act, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table"; (ii) after condition (iv) and before the Explanation, the following Table shall be inserted, namely,- "TABLE S.No. Description of goods Standard rate Additional duty rate (1) (2) (3) (4) 1. Goods other than edible oils Nil Nil 2. Edible oils 50% of applied ra....
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....ction (1) of section 25 of the said Customs Act.'; 2. 34/97-Customs, dated the 7th April, 1997 In the said notification,- (i) in the opening portion, for the portion beginning with words "goods imported into India from" and ending with the words "subject to the following conditions, namely:-" the following shall be substituted, namely:- "the goods of description specified in column (2) of t....
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....ils Nil Nil 2. Edible oils 50% of applied rate of duty 50% of applied rate of additional duty"; (iii) for Explanation, the following Explanation, shall be inserted, namely,- ' For the purposes of this notification ,- (i) " Export and Import Policy" means the Export and Import Policy, April, 1997-March, 2002, published vide notification of the Government of India in the Ministry of Commerce No.....