Notification No. 48/2021-Customs Dated 13/10/2021
Seeks to reduce BCD on crude and refined soya, sunflower and palm oils till 31.03.2022-
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 exempts the goods of the description specified in column (3) of the Table below, falling within the Chapter, heading, sub–heading or tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in column (2) of the said Table, when imported into India, from so much of the duty of customs leviable thereon under the said First Schedule to the Customs Tariff Act, 1975 (51 of 1975), as is in excess of the amount calculated at the standard rate specified in the corresponding entry in column (4) of the said Table, namely –
Table
| S.No. | Chapter or Heading or subheading or tariff item | Description of goods | Standard rate |
| (1) | (2) | (3) | (4) |
| [helldod 8omit[[1. | 1507 10 00 | Crude Soya-bean oil, whether or not degummed |
Nil |
| 2. | 1507 90 10 | Soya-bean oil, edible grade | 5[12.5%] old[17.5%] |
| 3. | 1511 10 00 | Crude Palm Oil | Nil |
| 4. | 1511 90 | Refined bleached deodorized(RBD) palm oil, RBD palmolein, RBD palm stearin and any palm oil other than crude palm oil | 1[12.5%] old[17.5%] |
| 5. | 1512 11 10 | Crude Sunflower seed oil | Nil |
| 6. | 1512 19 10 | Sunflower oil, edible grade | 5[12.5%] old[17.5%]] helldod] |
| 7[7. | 0713 20 20 | Bengal gram (desi chana) | Nil] |
2. This notification shall come into effect on the 14th October, 2021, and will remain in force up to and inclusive of the 3[31st March,6[2025] [helldodold[4[2024]] old[2023]] old[ 2[30th September, 2022]] old[31st March, 2022.]]helldod]
[F. No. CBIC-190354/226/2021-TRU]
(Rajeev Ranjan)
Under Secretary to the Government of India
1. Substituted Vide Notification No. 53/2021-Customs Dated 20/12/2021 (w.e.f. 21.12.2021)
2. Substituted Vide Notification No. 16/2022-Customs Dated 12/02/2022 (w.e.f. 13.02.2022)
3. Substituted Vide Notification No. 46/2022-Customs Dated 31/08/2022
4. Substituted Vide Notification No. 65/2022-Customs Dated 29/12/2022
5 Substituted Vide Notification No. 39/2023-Customs Dated 14/06/2023 (w.e.f. 15.06.2023)
6 Substituted Vide Notification No. 02/2024-Customs Dated 15/01/2024
7 Inserted Vide Notification No. 24/2024-Customs Dated 03/05/2024 (w.e.f. 04.05.2024)
8 Omitted Vide Notification No. 43/2024-Customs dt.13.09.2024 (w.e.f. 14.09.2024)