Government vide Notification No. 43/2021-Customs dated September 10, 2021 has rescinded the exemption notification issued for exempting goods such as on sunflower oil, soya oil etc. From now onwards such goods shall be taxable w.e.f. 11th September 2021.
Earlier, Notification No. 34/2021-Customs dated June 29, 2021 as amended by Notification No. 40/2021-Customs dated August 19, 2021 exempted following categories of goods (“specified goods”) from payment of import duty in excess of the standard rate as specified in the table mentioned below:
| S. No. | Chapter, heading, sub-heading or tariff item | Description | Standard Rate |
| 1 | 1511 10 00 | Crude Palm Oil | 10% |
| 2 | 1511 90 | All goods (RBD Palm Oil, RBD Palmolein, RBD Palm Stearin and any Palm Oil other than Crude Palm Oil) | 37.50% |
| 3 | 1507 10 00 | All goods | 7.50% |
| 4 | 1507 90 10 | All goods | 37.50% |
| 5 | 1512 11 10 | All goods | 7.50% |
| 6 | 1512 19 10 | All goods | 37.5 |