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of <h1>Customs Duty Changes: Knitted Fabrics Face 20% or Rs. 115/kg Rate While Display Equipment Set at Flat 20%</h1> The Second Schedule of Finance Act, 2025 amends the First Schedule to the Customs Tariff Act in two areas. For Chapter 60, it modifies the customs duty for specific knitted fabric tariff items (6004 and 6006 series) to '20% or Rs. 115 per kg, whichever is higher.' In Chapter 85, it changes the duty rate for tariff item 8528 59 00 (likely relating to certain monitors or display equipment) to a flat 20%. These amendments adjust import duty structures for textile materials and electronic display devices.
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