Tariff amendments revise customs duty rates for specified spices and another tariff item, altering standard and preferential duty structures. Fourth Schedule substitutes the First Schedule entries: it replaces the duty entry for Item No. 22(4)(a) with a new specified duty expression and substitutes Item No. 9(3) to classify specified spices (cardamoms, cassia, cinnamon, cloves, nutmegs and pepper) into subcategories with prescribed specific and ad valorem duties and reduced preferential ad valorem rates when qualifying as produce or manufacture of preferential territories.
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Tariff amendments revise customs duty rates for specified spices and another tariff item, altering standard and preferential duty structures.
Fourth Schedule substitutes the First Schedule entries: it replaces the duty entry for Item No. 22(4)(a) with a new specified duty expression and substitutes Item No. 9(3) to classify specified spices (cardamoms, cassia, cinnamon, cloves, nutmegs and pepper) into subcategories with prescribed specific and ad valorem duties and reduced preferential ad valorem rates when qualifying as produce or manufacture of preferential territories.
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