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of <h1>Auxiliary Customs Duty of 20% Imposed by Finance Act, 1976, Ends June 30, 1977; Refund and Exemption Rules Apply</h1> Section 32 of the Finance Act, 1976, mandates an auxiliary customs duty of 20% on goods listed in the First Schedule to the Tariff Act, as amended, determined under Section 14 of the Customs Act, 1962. This duty is additional to any existing customs duties. From the enactment of the Customs Tariff Act, 1975, references to the First Schedule are updated accordingly. The auxiliary duty provision ceases after June 30, 1977, except for actions taken before that date. The Customs Act's provisions, including those on refunds and exemptions, apply to these auxiliary duties.
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