Protective duties may be adjusted by notification where ineffective or excessive, subject to parliamentary control and rescission power. Protective duties in the First Schedule operate only up to the date specified, if any. If the Central Government finds that such a duty has become ineffective or excessive and immediate action is needed, it may by notification in the Official Gazette increase or reduce the duty. Any increase must be laid before Parliament and may be modified or withdrawn by Parliament, and the notification may also be rescinded later by the Central Government.
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Protective duties may be adjusted by notification where ineffective or excessive, subject to parliamentary control and rescission power.
Protective duties in the First Schedule operate only up to the date specified, if any. If the Central Government finds that such a duty has become ineffective or excessive and immediate action is needed, it may by notification in the Official Gazette increase or reduce the duty. Any increase must be laid before Parliament and may be modified or withdrawn by Parliament, and the notification may also be rescinded later by the Central Government.
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