ANNOUNCEMENT 03 Feb 2009In February 2009, the government of India announced a change in import duties.
NUMBER OF INTERVENTIONS
NOTIFICATION No. 11/2009-Customs
On 3 February 2009, vide Notification No. 11/2009 - Customs, the Government of India has reduced the effective tax rate on poppy seeds to 20%, as opposed to the earlier 40%.
The effective tax rate is the duty payable after exemptions. Poppy seeds have received exemption from duty liability in excess of 20% vide amendment to the General Duty Exemptions (GDE) contained in Notification No. 21/2002 - Customs (notification dated 1 March 2002).