| 1511 |
Preferential rate of 90% applicable in this heading |
| Tariff Line 1511 90 30 inserted by Finance Bill 2017 |
| Basic Duty Exemption
Crude Palm Oil by SNo 57 in Ntfn 50-Customs/2017 dated 30.06.2017.
[42/10.09.2021– Duty reduced to 2.5% from 10%;
34/30.06.2021 – Duty reduced to 10% from 15%
02/01.02.2021 – Duty reduced to 15% from 27.5%;
43/26.11.2020 – SNo. 57 amended - Fin Min Reacts to Price Rise, Cuts CPO Duty by 16.5% to 27.5% from 44% w.e.f 27 November 2020]
|
| RBD Palm Oil by SNo 65 in Ntfn 50-Customs/2017 dated 30.06.2017
[42/10.09.2021– Duty reduced to 32.5% from 37.5%;
34/30.06.2021 – Duty reduced to 37.5% from 54%]
|
| Refined bleached deodorized(RBD) palm oil, RBD palmolein, RBD palm stearin and any palm oil other than crude palm oil in heading 1511 90 by SNo. 4 of Ntfn 48/13.10.2021- exemption valid till 31 March 2022 |
| IGST on All goods in this heading by SNo 83 in Sch I of Ntfn 01-IGST/28.06.2017 |
| *Import Policy: Import not permitted through any port in Kerala. |
| [10-Ntfn/30.06.2021 - RBD Palm Oil and Palmolein Import Shifted from Restricted to Free List. Concession valid till 31 Dec 2021]
[39-Ntfn/08.01.2020 - RBD Palm Oil and Palmolein Import Shifted from Free to Restricted List]
|
| Tariff Value on Crude Palm Oil: See notification at end of this Chapter. |
| RBD Palmolein and Palm Oil from Malaysia – DGTR Initiates Bilateral Safeguard Investigation on Complaint of Solvent Extractors’ Association of India on Behalf of Adani Wilmar Plus Eight Producers
[Initiation Notification (Bilateral Safeguard Investigation) [Case No: (SG) 04/2019] dated 14 August 2019]
[RBD Palm Oil and Palmoleun from Malaysia – Customs Duty under Safeguard Clause Raised by 5% to 50% on Preliminary Cases for 180 Days - DGTR Recommendation Implemented - 29/2019-Customs dated 4 September 2019]
|
| Classification: Crude Palm Stearin Classified under Tariff Line 3823 11 11 – Ref: CBEC Circular No. 31 dated 26th July 2011 – For more details see under heading 3823 |
