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Seeks to amend the notification No. 50/2021-Customs dated 30.06.2017 and notification No. dated 11/2021 dated 01.02.2021 in order to reduce and rationalise the import duties on Palm, Sunflower and Soya-bean oils .

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....venue) Notification No. 42/2021-Customs New Delhi, the 10th September,2021 G.S.R. 624 (E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it....

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....ry "2.5%" shall be substituted; (iii) against S. No. 62, in column (4), for the entry, the entry "32.5%" shall be substituted; (iv) against S. No. 65, in column (4), for the entry, the entry "32.5%" shall be substituted; (v) against S. No. 70, in column (4), for the entry, the entry "2.5%" shall be substituted; (vi) against S. No. 71, in column (4), for the entry, the entry "32.5%" sha....

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....tion 3, Sub-section (i), vide number G.S.R. 785(E)., dated the 30thday of June, 2017 and last amended vide notification No. 38/2021-Customs, dated the 26th day of July, 2021 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 508(E)., dated the 26th day of July, 2021. 2. The principal notification No. 11/2021-Customs, dated the 1stday of Feb....