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of <h1>India Revises Customs Tariffs to 10% for Select Items Under Section 25(1) of the Customs Act, 1962.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 02/2014-Customs to amend Notification No. 12/2012-Customs, dated March 17, 2012. This amendment, deemed necessary in the public interest, involves changes to the tariff rates specified in the original notification. Specifically, the tariff rate in column (4) for serial numbers 56, 58, 59, 63, 66, 69, and 71 has been revised to '10%.' This amendment is executed under the powers granted by Section 25(1) of the Customs Act, 1962.
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