Seeks to provide global Tariff Rate Quota (TRQ) of 20 LMT per FY to Crude Sunflower Oil and Crude Soyabean Oil for 2 years exempting from whole of BCD and AIDC

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.... G.S.R. 392(E).-In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 124 of the Finance Act, 2021 (13 of 2021), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table below, falling under the sub-heading ....

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....f goods Tariff Rate Quota (TRQ) quantity per financial year (1) (2) (3) (4) 1. 1507 10 00 Crude Soya-bean oil, whether or not degummed 20,00,000 MT 2. 1512 11 10 Crude Sunflower seed oil 20,00,000 MT Annexure Condition (a) The TRQ is allotted to the importer by the Directorate General of Foreign Trade, in accordance with the relevant procedure as spe....