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of <h1>Customs Tariff Act Section 9 Amended: Countervailing Duties Adjusted, Exemptions for SEZs, Revised Duration, and Temporary Revocation.</h1> Section 9 of the Customs Tariff Act has been amended to include provisions for modifying countervailing duties if absorption renders them ineffective. The Central Government can specify the effective date of such modifications via notification. New sub-section (2A) exempts articles imported by export-oriented units or special economic zones from countervailing duties unless specified otherwise or cleared into the domestic tariff area. Additionally, the duration for imposing duties is revised to 'up to five years,' with a provision allowing temporary revocation not exceeding one year at a time. Definitions for 'export-oriented undertaking' and 'special economic zone' are clarified.
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