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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>India Exempts Petroleum Oils and Bituminous Mixtures from Customs Duty over 30% under Notification No. 53/96-Cus</h1> The Central Government, under the Customs Act, 1962, has issued Notification No. 53/96-Cus dated July 23, 1996, to exempt goods classified under heading numbers 27.10 and 27.15 of the First Schedule to the Customs Tariff Act, 1975, from customs duty exceeding 30% ad valorem when imported into India. This exemption is deemed necessary in the public interest and applies specifically to petroleum oils and bituminous mixtures.
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