Customs amendment extends statutory time limits and adjusts ad valorem duty rates under specified notifications. The amendments substitute the period in clause (b) of the opening paragraph in Notification Nos. 63/95-Cus. and 64/95-Cus. from three months to six months, and, in Notification No. 63/95-Cus., replace column (5) entries in the Table for List A S. No. 4 and List B S. No. 8 with an ad valorem duty specification, effected under section 25(1) of the Customs Act, 1962.
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Customs amendment extends statutory time limits and adjusts ad valorem duty rates under specified notifications.
The amendments substitute the period in clause (b) of the opening paragraph in Notification Nos. 63/95-Cus. and 64/95-Cus. from three months to six months, and, in Notification No. 63/95-Cus., replace column (5) entries in the Table for List A S. No. 4 and List B S. No. 8 with an ad valorem duty specification, effected under section 25(1) of the Customs Act, 1962.
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