Laws and sections by number or title, due dates, pages, and updates.
The Central Government amends the Second Schedule to the Customs Tariff Act, 1975, to prescribe an export duty on onions. The Central Government inserts a new serial number into the Second Schedule for tariff item 0703 10 with an export duty rate of fifty percent.
Thresholds
Ask about this notification
[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. 47/2023-Customs
New Delhi, the $19^{\text{th}}$ August, 2023
G.S.R. .....(E). - Whereas, the Central Government is satisfied that export duty should be levied on certain articles and that circumstances exist which render it necessary to take immediate action.
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 8 of the Customs Tariff Act, 1975 (51 of 1975)(hereinafter referred to as the Customs Tariff Act), the Central Government, hereby directs that the Second Schedule to the Customs Tariff Act shall be amended in the following manner, namely: -
In the Second Schedule to the Customs Tariff Act, Sl. No. 1 shall be re-numbered as Sl. No. 1A, and before Sl. No. 1A as so re-numbered, the following serial number and entries shall be inserted, namely: -
| (1) | (2) | (3) | (4) |
|---|---|---|---|
| "1. | 0703 10 | Onions | 50%". |
[F. No. 190354/158/2023 -TRU]
(Amreeta Titus) Deputy Secretary to the Government of India
