Customs exemption for denatured ethyl alcohol limits payable duty on imports under the relevant tariff subheading, easing import charges. The Central Government exempts ethyl alcohol, denatured, of any strength, falling under sub heading 2207.20 of the First Schedule to the Customs Tariff Act, when imported into India, from so much of the duty of customs leviable thereon as is in excess of 10 per cent ad valorem, exercised under the powers conferred by sub section (1) of section 25 of the Customs Act, 1962 as a public interest measure.
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Customs exemption for denatured ethyl alcohol limits payable duty on imports under the relevant tariff subheading, easing import charges.
The Central Government exempts ethyl alcohol, denatured, of any strength, falling under sub heading 2207.20 of the First Schedule to the Customs Tariff Act, when imported into India, from so much of the duty of customs leviable thereon as is in excess of 10 per cent ad valorem, exercised under the powers conferred by sub section (1) of section 25 of the Customs Act, 1962 as a public interest measure.
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