Customs tariff rate revisions increase specified headings' duties and insert new tariff entries for chemicals and groundnuts. Amendments substitute and insert specified rates of duty in the First Schedule-including replacing multiple headings with 100% or 100% plus a per-kilogram ... Summary
Customs tariff rate revisions increase specified headings' duties and insert new tariff entries for chemicals and groundnuts.
Amendments substitute and insert specified rates of duty in the First Schedule-including replacing multiple headings with 100% or 100% plus a per-kilogram amount, adding a sub-heading for chemical intermediates with protective rates, and substituting a Heading for alloy and high carbon steel with distinct rates. The Second Schedule entry is replaced to state Rs. 300 per quintal and new per-tonne duties are inserted for groundnut kernel and groundnut in shell, with certain rates designated as protective and columns for preferential and standard rates preserved.
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