[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. 37/2023-Customs
New Delhi, the 10th May,2023
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 exempts the goods of the description specified in column (3) of the
Table below, falling under the sub-heading or tariff item of the First Schedule to the
Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the ‘Customs Tariff
Act’), as specified in the corresponding entry in column (2) of the said Table, when
imported into India, from the whole of the customs duty leviable thereon under the First
Schedule to the Customs Tariff Act and from the whole of the Agriculture Infrastructure
and Development Cess leviable thereon under the said section of the Finance Act, 2021,
subject to the conditions specified in the Annexure to this notification, namely: -
Table
Annexure
Conditions
(a) Importer produces to the Deputy Commissioner or the Assistant Commissioner of
Customs, as the case may be, a valid Tariff Rate Quota (TRQ) authorization for the
Financial Year 2022-23 allotted by Directorate General of Foreign Trade;
(b) The TRQ is allotted to the importer by the Directorate General of Foreign Trade, in
accordance with the relevant procedure as specified in the Hand Book of Procedures,
2015-20 or 2023 as applicable;
(c) The TRQ authorization shall contain the name and address of the importer,
IEC code, Customs notification No., sub-heading or tariff item as applicable,
quantity and validity period of certificate;
Sl. No.
Sub-heading or tariff
item
Description of goods
(1)
(2)
(3)
1.
1507 10 00
Crude Soya-bean oil, whether or not
degummed
2.
1512 11 10
Crude Sunflower seed oil
(d) The TRQ authorization shall be issued electronically by the Directorate
General of Foreign Trade and transmitted to ICES system;
(e) Imports made against the TRQ shall be allowed only upon debiting
electronically in the ICES system.
2.
This notification shall come into force on the 11th day of May, 2023, and nothing
contained in this notification shall apply after the 30th of June, 2023.
[F. No. CBIC-190354/29/2023-TO(TRU-I)-CBEC]
(Amreeta Titus)
Deputy Secretary to the Government of India
