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The Central Government extends the existing concessional import duties on specified edible oils until the 31st day of March 2025. The notification amends notification Nos. 48/2021-Customs and 49/2021-Customs dated the 13th October 2021. The Government removes a proviso from notification No. 49/2021-Customs that previously limited the application of concessions for specific goods on or after the 1st day of April 2024.
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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 02/2024-Customs
New Delhi, the $15^{\text{th}}$ January, 2024
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) 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 amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, to the extent specified in the corresponding entries in column (3) of the said Table, namely:-
Table
| S. No. | Notification No. and Date | Amendments |
|---|---|---|
| (1) | (2) | (3) |
| 1. | 48/2021-Customs, dated the $13^{\text{th}}$ October, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 733(E)., dated the $13^{\text{th}}$ October, 2021 | In the said notification, in paragraph 2, for the figures “2024”, the figures “2025” shall be substituted; |
| 2. | 49/2021-Customs, dated the $13^{\text{th}}$ October, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 734(E)., dated the $13^{\text{th}}$ October, 2021 | In the said notification, in paragraph 2, the words, figures, and letters “Provided that nothing contained in this notification shall apply to the goods specified against serial numbers 1, 2 and 3 of the Table above on or after the $1^{\text{st}}$ day of April, 2024.” shall be omitted. |
[F. No. CBIC-190354/9/2024-TO(TRU-I)]
(Amreeta Titus) Deputy Secretary
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