Customs tariff amendments: reclassification and imposition of specified duties on listed chemicals and handloom products. The Central Government amends the First Schedule to the Customs Tariff Act, 1975 by omitting, substituting and inserting numerous tariff items across chemical, textile, coir, carpet and related chapters to reclassify named compounds and products and to prescribe their duty treatment. The amendments create specific tariff lines for various organophosphorus and amino chemicals, handloom-designated textiles and natural-fibre goods, set uniform ad valorem duty treatment for many entries, introduce some alternative floor amounts for certain handloom items, and grant duty-free treatment to specified printer consumables.
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Customs tariff amendments: reclassification and imposition of specified duties on listed chemicals and handloom products.
The Central Government amends the First Schedule to the Customs Tariff Act, 1975 by omitting, substituting and inserting numerous tariff items across chemical, textile, coir, carpet and related chapters to reclassify named compounds and products and to prescribe their duty treatment. The amendments create specific tariff lines for various organophosphorus and amino chemicals, handloom-designated textiles and natural-fibre goods, set uniform ad valorem duty treatment for many entries, introduce some alternative floor amounts for certain handloom items, and grant duty-free treatment to specified printer consumables.
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