Rescission of customs notification removes previously applied effective duty rates across specified tariff chapters, restoring prior duty framework. The Central Government, invoking its statutory power and being satisfied of public interest, rescinds the prior customs notification that had fixed the effective rate of duty for goods classified in Chapters 1-99 of the tariff schedule, thereby withdrawing that earlier exemption/notification instrument and changing the applicable duty treatment for those chapters.
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Rescission of customs notification removes previously applied effective duty rates across specified tariff chapters, restoring prior duty framework.
The Central Government, invoking its statutory power and being satisfied of public interest, rescinds the prior customs notification that had fixed the effective rate of duty for goods classified in Chapters 1-99 of the tariff schedule, thereby withdrawing that earlier exemption/notification instrument and changing the applicable duty treatment for those chapters.
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