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of <h1>Government Announces Customs Duty Exemptions for Specific Imported Goods Under Customs Act, 1962; Varying Rates Apply</h1> The notification issued by the Central Government under the Customs Act, 1962, outlines exemptions on customs duties for various goods imported into India. The exemptions apply to goods specified in a detailed table, categorized by chapter or heading numbers from the Customs Tariff Act, 1975. The table lists goods, their descriptions, and applicable customs duty rates, both standard and preferential. The duty rates vary, with some goods exempted from excess duty beyond specified ad valorem rates, ranging from 10% to 200%. The notification aims to regulate import duties in the public interest.
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