Customs tariff amendment updates First Schedule classifications, substituting items and imposing unit-based duty measures. Amendments to the First Schedule to the Customs Tariff Act, 1975 revise tariff classifications and substitute descriptions and tariff items in Chapters 29, 38, 44, 55 and 94; specify units of measurement (e.g., kg, u.) and apply a 10% duty to the newly specified tariff items; changes include omission and substitution of items, reclassification of machinery and textile filament tow subheadings, and classification of bamboo and rattan articles. The notification is issued under section 11A(1) and takes effect on 1 January 2017.
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Customs tariff amendment updates First Schedule classifications, substituting items and imposing unit-based duty measures.
Amendments to the First Schedule to the Customs Tariff Act, 1975 revise tariff classifications and substitute descriptions and tariff items in Chapters 29, 38, 44, 55 and 94; specify units of measurement (e.g., kg, u.) and apply a 10% duty to the newly specified tariff items; changes include omission and substitution of items, reclassification of machinery and textile filament tow subheadings, and classification of bamboo and rattan articles. The notification is issued under section 11A(1) and takes effect on 1 January 2017.
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