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of <h1>Central Government Updates Customs Notifications: Duty Rate Adjustments and Exemptions for IT Goods under WTO Agreement</h1> The Central Government has amended several customs notifications related to goods under the Information Technology Agreement of the WTO. These amendments affect Notification Nos. 152/94, 26/95, 28/95, 39/96, and 25/98. Key changes include the omission of specific entries, adjustments to ad valorem duty rates across various items, and modifications to descriptions of certain goods. For instance, the duty rates for numerous items have been altered to percentages ranging from 5% to 30% ad valorem. Additionally, certain items have been completely exempted from customs duties, reflecting changes in tariff regulations.
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