| 1005 |
w.e.f. 1 May 2022- BCD against all tariff item in heading 1005 the entry substituted by 50%
[Clause 98(b) of Finance Act 2022]
|
| Schedule Changes by Sec 88(b) of Finance Act 2019 w.e.f. 1 Jan 2020 by Ntfn 89-Cus-NT/10.12.2019.
[Tariff item 1005 90 00 substituted] |
| TRQ Norms for Import of 5 lakh tonne Maize at 15% Concessional Duty
Maize (corn), other than seed quality TRQ of 500000 MT at 15% quota tariff rate subject to conditions of-
(i) a) The TRQ is allotted to the importer by the Directorate General of Foreign Trade, in accordance with paragraph 2.62 of the Handbook of Procedures, 2015-20.
(b) The TRQ authorization shall contain name and address of the importer, IEC code, Customs notification No., sub-heading or tariff item as applicable, quantity and validity period of certificate.
(c) The TRQ authorization shall be issued electronically by the Directorate General of Foreign Trade and transmitted to ICES system.
(d) Imports made against the TRQ shall be allowed only upon debiting the TRQ quantity electronically in the ICES system.
(ii) Whereas the Hon’ble High Court of judicature at Hyderabad for the State of Telangana and the State of Andhra Pradesh vide order dated 31.12.2014 in WPMP No.43494 of 2014 and W.P.No.34771 of 2014, has permitted import of maize only on actual user condition and on payment of Customs duty prevailing, but not TRQ Customs duty, subject to further orders in the Writ Petition.
Accordingly, TRQ on Maize shall be subject to order by Hon’ble High Court in the said Writ Petition.
[Ref: SNo. 2 of Ntfn 28/2020 –Customs dated 23rd June 2020. See Chapter 4 for full text of notification]
|
| SWS exempted on goods in tariff items 1005 90 [SNo. 1 of 11/02.02.2018 WTO Binding – The SWS exemption is included in the duty calculation above. |
| Maize (corn), other than pre-packaged and labelled
[SNo(69) in Ntfn 02-IGST/28.06.2017 as amended by 07-IGST/13.07.2022]
|
| Maize (corn), pre-packaged and labelled
[SNo 50 in Sch I of Ntfn 01-IGST/28.06.2017 as amended by 06/2022-IGST dated 13.07.2022] |
