Customs rate substitution reduces specified duty rate and inserts proviso limiting export obligation extensions subject to public notice. Amendments replace the previously stated customs rate with a reduced rate in specified conditions and sub-conditions of multiple notifications, effecting ... Summary
Customs rate substitution reduces specified duty rate and inserts proviso limiting export obligation extensions subject to public notice.
Amendments replace the previously stated customs rate with a reduced rate in specified conditions and sub-conditions of multiple notifications, effecting a uniform tariff change. One amended notification also inserts a proviso authorising the Licensing Authority to grant further extensions for fulfilment of export obligations subject to conditions in a Public Notice, with a firm terminal date beyond which extensions may not be granted. Each schedule entry records the amended notification and the effective date of the amendment.
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