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Revision of customs duties on certain items

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....evision of customs duties on certain items <br>News and Press Release<br>Dated:- 18-11-2008<br><BR>In the wake of the recent fall in the international prices of commodities and with a view to safeguar....

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....d the interests of domestic producers, Government have carried out certain changes in the customs duty rates. The details of these changes are as under: (i) Withdrawal of the full exemption from cus....

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....toms duty granted earlier on specified iron and steel items such as Pig iron, spiegeleisen, semi-finished products, flat products and long products. Consequently, they will be subject to a basic custo....

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....ms duty of 5% ad valorem. (ii) Withdrawal of full exemption from customs duty granted earlier on crude soyabean. Consequently, crude soyabean oil will be subject to a basic customs duty of 20% ad va....

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....lorem. There is no change in the import duty on refined soyabean oil. These changes come into effect on the 18th of November, 2008. Notification No.122/2008-Customs dated 18.11.2008 has been issued ....

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....in this regard. Also see: Customs - Notification No. 021/2002 Part-I-Cus dated -01-03-2002 Exemption and effective rate of basic and additional duty for specified goods of Chapter 1 to 99 Customs....

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.... - Notification No. 021/2002 Part-II-Cus dated -01-03-2002 CONDITIONS and ANNEXURE - Exemption and effective rate of basic and additional duty for specified goods of Chapter 1 to 99<BR> News - Press ....

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....release - PIB....