{"id":4146,"date":"2025-06-02T15:22:00","date_gmt":"2025-06-02T09:52:00","guid":{"rendered":"https:\/\/www.centaxonline.com\/blog\/?p=4146"},"modified":"2025-06-02T15:22:00","modified_gmt":"2025-06-02T09:52:00","slug":"govt-extends-yellow-peas-import-exemption","status":"publish","type":"post","link":"https:\/\/www.centaxonline.com\/blog\/govt.-extends-yellow-peas-import-exemption","title":{"rendered":"Govt. Extends Yellow Peas Import Exemption Till 31st March 2026"},"content":{"rendered":"

Customs Notification No. 31\/2025-Customs<\/a>, Dated 30-05-2025<\/em><\/p>\n

In the public interest, the Government has issued amendments to two key Customs Notifications\u2014Notification No. 50\/2017-Customs and Notification No. 64\/2023-Customs\u2014introducing changes to Basic Customs Duty (BCD) rates and the validity of exemptions.<\/p>\n

1. Revision of BCD Rates Under Notification No. 50\/2017-Customs<\/h2>\n

The basic customs duty for specified goods has been revised to 10% under Sl. Nos. 57, 61, and 70 of the table annexed to Notification No. 50\/2017-Customs. This revision is intended to rationalise the duty structure and ensure parity across relevant product categories.<\/p>\n

2. Extension of Exemption Validity Under Notification No. 64\/2023-Customs<\/h2>\n

The validity of the customs exemption<\/strong> provided under Sl. No. 1<\/strong> of Notification No. 64\/2023-Customs<\/strong> has been extended from 31st May 2025 to 31st March 2026<\/strong>. This extension provides continued relief to eligible importers and supports longer-term planning for projects relying on such exemptions.<\/p>\n

3. Effective Implementation<\/h2>\n

Both changes are notified with immediate effect<\/strong>, reinforcing the government\u2019s intent to balance revenue considerations with trade facilitation and sectoral support.<\/p>\n","protected":false},"excerpt":{"rendered":"

Customs Notification No. 31\/2025-Customs, Dated 30-05-2025 In the public interest, the Government…<\/p>\n","protected":false},"author":8,"featured_media":4165,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,178,47],"tags":[],"class_list":["post-4146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-customs","category-customs-news","category-customs-statutory-scope"],"yoast_head":"\nGovt. 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