Reduce export duty raw hides and skins of buffalo

Last updated: 02 February 2022

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This notification announces a reduction in the export duty for raw hides and skins of buffalo. The changes, which come into effect on 2nd February 2022, involve specific amendments to the existing Customs notification No. 27/2011-Customs. These amendments include the omission of certain serial numbers and the insertion of a new entry for buffalo hides and skins with a 30% duty.

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 10/2022-Customs New Delhi, the 1st February, 2022 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue)

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1 Year PLAN

1999

(Excl. of GST ₹359)

2 Years PLAN

3499

(Excl. of GST ₹629)

BEST VALUE

3 Years PLAN

4999

(Excl. of GST ₹899)

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FAQ :

The main change is the reduction of export duty on raw hides and skins of buffalo.

This notification comes into effect on the 2nd day of February, 2022.

The notification specifically affects raw hides and skins of buffalo.

The new duty rate for raw hides and skins of buffalo is 30%.

The principal notification being amended is No. 27/2011-Customs, dated 1st March, 2011.

Notification No : 10/2022-Customs
Source : https://www.indiabudget.gov.in/doc/cen/cus1022.pdf

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