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Procedure

2.61

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Procedure
Dated

Procedure for import Under the Tariff Rate Quota Scheme

Procedure for import Under the Tariff Rate Quota Scheme

2.61

Attention is invited to Government of India, Ministry of Finance (Department of Revenue ), Notification No. 21/2002-Customs dated 1st March, 2002. As per the notification, import of four items viz., (1) Skimmed and whole milk powder, milk food for babies etc. (0402.10 or 0402.21) (2) Maize (corn): other (1005.90) (3) Crude sunflower seed or safflower oil or fractions thereof (1512.11) and (4) Refined rape, colza or mustard oil, other (1514.19 or 1514.99) is allowed in a financial year, up to the quantities as well as such concessional rates of customs duty as indicated below:

S.No. ITC Code No. & Item Quantity of Quota Concessional duty
1. Tariff Code No. 0402.10 or 0402.21 Skimmed and whole Milk Powder. Milk Food for babies etc. 10,000 MTs 15%
2. Tariff Code No. 1005.90 Maize (Corn): other 5,00,000 MTs 15%
3. Tariff Code No. 1512.11 Crude Sunflower seed or safflower oil or fractions thereof 150,000 MTs 50%
4. Tariff Code No. 1514.19 & 1514.99 Rape, Colza or Mustard Oil, Other (Refined)150,000 MTs 45%


(Please refer PN.NO. 31/2006, DT. 13/07/2006 - The last date for filing applications for import under TRQ has been extended upto 31st July 2006 for above Sl.No.1,2 & 4)

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