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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New 5% Duty on Clocks and Components Under Tariff Headings 91.03, 91.05; Exclusions Apply to Specific Listings</h1> Notification No. 123/88-C.E., dated March 1, 1988, issued by the Central Government under the Central Excise Rules, 1944, amends a previous notification from February 10, 1986. The amendment introduces a 5% ad valorem duty on goods classified under tariff headings 91.03 or 91.05, excluding those listed under Sl. No. 3, and on components of clocks covered by Sl. No. 3A under tariff headings 85 or 91. This change affects the effective duty on clocks and their components.
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