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of <h1>India Exempts Specified Goods from Social Welfare Surcharge per Notification No. 11/2018-Customs to Lower Import Costs</h1> The Government of India has issued Notification No. 11/2018-Customs, dated February 2, 2018, exempting specified goods from the Social Welfare Surcharge under the Customs Act, 1962. This exemption applies to goods described in the provided table, which fall within the First Schedule of the Customs Tariff Act, 1975. However, for certain goods listed under specific serial numbers, the exemption is conditional based on respective exemption notifications. The notification aims to serve the public interest by reducing the levy on these goods, thereby potentially lowering costs for importers and consumers.
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