Duty-free Import of Rice to continue till 1st October 2011
AS per Sl. No. 22AC of the table of Notification No. dated 1.3.2002, imported rice attracts 'nil' rate of duty and as per clause (iag) of the preamble to the notification, the exemption is not applicable on or after 1st October 2010. Now the Government has amended this clause (iag) to extend this date till 1st October 2011.
But strangely this notification has two clauses with the same (iag). DDT had pointed this out when the second (iag) was inserted by Notification No. dated 27.2.2010. [ 02.03.2010]
Unfortunately, the Board does not seem to have updated versions of their own notifications!
NOTIFICATION NO. Dated: October 01, 2010