Rescission of customs notification restores import duty exemption following tariff rationalization, effective from May with savings for prior acts. The Central Government rescinds Notification No. 04/2025 Customs (dated 1 February 2025) on the basis that the Basic Customs Duty tariff has been rationalized, giving effect to the rescission prospectively from 1 May 2025 while preserving consequences of actions done or omitted before rescission; the exercise is taken under powers conferred by the Customs Act in furtherance of public interest.