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Taxation Central Ministry of Finance Customs Act, 1962

CBIC (Customs) issues a notification amending an earlier notification pertaining to the imposition and exemption of Custom duty

30-May-2025 | No. 31/2025-Customs

CBIC (Customs) has issued a notification amending an earlier notification related to the imposition and exemption of basic customs duty.

By virtue of notification:

- Reduction of basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%.

- Exemption of Basic Custom Duty on Yellow Peas has been extended to 31.03.2026.

For more information, please refer to the specified document.

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