Notification No. 87/2007-Cus-Reducing the duty rates on palm group of oils and sunflower oil (by 10 percentage points) and soyabean oil (by 5 percentage points).

Notification No. 87/2007-Cus Dated 23/7/2007

Reducing the duty rates on palm group of oils and sunflower oil (by 10 percentage points) and soyabean oil (by 5 percentage points).- G.S.R (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1st March, 2002 which was published in the Gazette of India, Extraordinary, vide number G.S.R.118 (E), dated the 1st March, 2002, namely:-

In the said notification, in the Table,-

(i) after S.No.29 and the entries relating thereto, the following S.No. and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)	(6)
“29A.	1507 10 00 or 1507 90 10	All goods	40%	-	-”;

(ii) against S.No. 34, in column (3), against items (A), (B) and (C), for the entries in column (4), the entry “40%” shall respectively be substituted;

(iii) against S.No. 36A, for the entry in column (4), the entry “40%” shall be substituted;

(iv) against S.No. 36B, for the entry in column (4), the entry “50%” shall be substituted;

(v) against S.No. 434, for the entry in column (4), the entry “52.5%” shall be substituted.

[F.No. 354/106/2006-TRU]

(S.Bajaj)

Under Secretary to the Government of India

Note: The principal notification was published in the Gazette of India, Extraordinary, vides number G.S.R.118 (E), dated the 1st March, 2002 and was last amended by notification No. 73/2007-Customs, dated the 21st May, 2007 which was published in the Gazette of India, Extraordinary vide number G.S.R.365(E), dated the 21st May, 2007.