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of <h1>India Exempts Certain Imports from Excessive Customs Duties; New Rates by Chapters 1-98 of Customs Tariff Act</h1> The Central Government of India, under the Customs Act, 1962, has issued a notification exempting certain imported goods from customs duties exceeding specified rates. This applies to goods categorized under Chapters 1 to 98 of the Customs Tariff Act, 1975. The notification outlines both standard and preferential duty rates for various goods, with some items having reduced or nil rates. The specified rates vary, with examples including 40% ad valorem for many categories, while others have specific rates like 125% or 260% ad valorem, or a combination of percentage and per kilogram rates.
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