Milk Powder – Import duty reduced to 5%
Government has reduced Customs duty on imported milk powder to 5% up to an aggregate of ten thousand metric tonnes of total imports of such goods. Already there is an exemption giving a concessional rate of 15% vide Sl. No.3 of the table to Notification No. 21/2002. Now for 2007 – 08, that exemption is subject to the limits of ten thousand tons now fixed.
NOTIFICATION NO. , Dated: April 11, 2007