The Central Government vide Notification No. 34/2014-Customs dated 24th December 2014 has increased the customs duty on crude and refined vegetable oils by 5 percent. The existing and amended rates are as under:-
|
S. No.
|
Chapter or Heading or sub-heading or tariff item
|
Description of goods
|
Rate of duty %
|
|
|
EXISTING
|
AMENDED
|
|||
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
|
51
|
15
|
Crude Palm Oil – 1511
|
2.5
|
7.5
|
|
55
|
15071000
|
All goods (Soya)
|
2.5
|
7.5
|
|
56
|
15079010
|
All goods (Soya)
|
10.0
|
15.0
|
|
57
|
1508, 1509, 1510, 1512, 1513, 1514, or 1515
|
All goods, crude and edible grade (Ground nut)
|
2.5
|
7.5
|
|
58
|
1508,1509, 1510, 1512, 1513, 1514 or 1515
|
All goods, refined and edible grade
|
10.0
|
15.0
|
|
59
|
1511 90
|
All goods (Palm)
|
10.0
|
15.0
|
|
62
|
15121110
|
All goods (sunflower)
|
2.5
|
7.5
|
|
63
|
15121910
|
All goods(sunflower)
|
10.0
|
15.0
|
|
65
|
1514 11 or 1514 91
|
All goods, edible grade (rape, colza or mustard)
|
2.5
|
7.5
|
|
66
|
1514 19 or 15 14 99
|
All goods, edible grade (rape, colza or mustard)
|
10.0
|
15.0
|
|
69
|
1516 20
|
All goods, edible grade (animal or Vegetable fats)
|
10.0
|
15.0
|
|
71
|
1517 10 21, 1517 90 10, 1517 90 20, 1518 00 11, 1518 00 21 or 1518 00 31
|
All goods, edible grade (margarine)
|
10.0
|
15.0
|
