GOI extends validity period of import duty exemption on Masur Dal by one year [Read Notification]:

The Government of India has extended the validity period of import duty exemption on Masur Dal by one year via issuing a Notification.

Import duty exemption on Masur Dal

Reetu

Dec 25, 2023

Last update on Dec 25, 2023

GOI extends validity period of import duty exemption on Masur Dal by one year [Read Notification] The Government of India has extended the validity period of import duty exemption on Masur Dal by one year via issuing a Notification.

The Notification read as follows:

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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 49/2021- Customs, dated the 13th October, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 734(E)., dated the 13th October, 2021. In the said notification, in paragraph 2, for the figures, letters and word “31st March, 2024”, the figures, letters and words “31st March, 2025. Provided that nothing contained in this notification shall apply to the goods specified against serial numbers 1, 2 and 3 of the Table above on or after the 1st day of April, 2024” shall be substituted. For Official Notification Download PDF Given Below:

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Reetu

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Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.