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<h1>Emergency power to increase import duties allows government to notify immediate duty hikes subject to later approval and procedural safeguards.</h1> The amendment inserts an emergency power allowing the Central Government to increase import duties by notification in the Official Gazette where immediate action is necessary, subject to a proviso that no substitute notification may be issued for a rate set under this emergency power until that earlier notification has been approved with or without modifications; subsections (3) and (4) of section 7 are made applicable to notifications issued under the approval provision, and the First and Second Schedules are amended accordingly.