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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Central Government Exempts Certain Goods from Special Customs Duty per Customs Act, 1962; Includes Gold and Silver Items</h1> The notification, issued by the Central Government under the Customs Act, 1962, exempts certain goods from the special duty of customs as per the Finance (No. 2) Bill, 1996. The exemptions apply to goods specified in the First Schedule of the Customs Tariff Act, 1975. The notification outlines conditions for exemptions, including goods with free customs duty rates and those exempted under existing government notifications. Specific exemptions are detailed for gold and silver, including certain ornaments, as per previous notifications from 1994. Conditions for exemptions vary based on the type of goods and existing customs duty provisions.
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