Duty Reduction on Milk Powder, Butter and Butter Oil

· Basic Customs Duty Reduced to Nil from 5% on Milk Powder

· Quota Increased on Milk Powder

· Basic Customs Duty Reduced on Butter and Butter Oil Quota of 15,000 MT to Nil from 30%

[Customs Notification No. 33 dated 12th March 2010]

In exercise of the powers conferred by sub-section (1) of section 25 the Customs Act, 1962 (52 of 1962), 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. 21/2002-Customs, dated the 1st March, 2002 which was published in the Gazette of India, Extraordinary, vide number G.S.R.118 (E), dated the 1st March, 2002, namely:-

In the said notification, in the Table,-

(i) for S. No 3 and the entries relating thereto, the following shall be substituted, namely:-

S. No.	Chapter or Heading No. or sub-heading No.	Description of goods	Standard rate	Additional duty rate	Condition No.
(1)	(2)	(3)	(4)	(5)	(6)
“3.	0402 10 or 0402 21 00	Goods upto an aggregate of thirty thousand metric tonnes of total imports of such goods in a financial year.	Nil	-	1”.

(ii) after S.No. 3AA and the entries relating thereto, the following S.No. and the entries shall be inserted, namely:-

S. No.	Chapter or Heading No. or sub-heading No.	Description of goods	Standard rate	Additional duty rate	Condition No.
(1)	(2)	(3)	(4)	(5)	(6)
“3AB.	0405	White Butter, Butter oil, Anhydrous Milk Fat upto an aggregate of fifteen thousand metric tonnes of total imports of such goods in a financial year.	Nil	-	1.”

[F.No.354/20/2010-TRU]