Background:
Earlier, the CBIC vide Notification No. 16/2022-Customs dated February 12, 2022 provides exemption from Customs Duty and Agriculture Infrastructure and Development Cess (AIDC) on import of Crude Soya-bean oil, Crude Palm oil and several other items till September 30, 2022.
Notification:
Now, the CBIC vide Notification No.46/2022-Customs dated August 31, 2022 extends the exemption till March 31, 2023.
The Notification can be assessed at: https://taxinformation.cbic.gov.in/view-pdf/1009489/ENG/Notifications
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