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of <h1>Indian Government Exempts Certain Imported Goods from Excess Customs Duty Under Notification No. 21/99-Cus</h1> The Central Government, utilizing its authority under the Customs Act, 1962, has issued Notification No. 21/99-Cus dated February 28, 1999, to exempt certain goods from excess customs duty when imported into India. This exemption applies to goods specified in a table that outlines the applicable standard and preferential rates for various headings and sub-headings under the First Schedule of the Customs Tariff Act, 1975. The notification lists different goods with corresponding ad valorem rates, ranging from 5% to 230%, depending on the classification and whether a preferential rate applies.
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