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of <h1>Central Government Revises Customs Duty Exemptions: Amendments to 17 Notifications Under Customs Act, 1962 and Customs Tariff Act, 1975.</h1> The Central Government has issued amendments to 17 customs notifications under the Customs Act, 1962, specifically targeting various rates of customs duty exemptions. These amendments involve changes in the duty rates specified in the First Schedule to the Customs Tariff Act, 1975, with adjustments ranging from 15% to 65% ad valorem. The amendments aim to streamline the customs duty structure by omitting certain additional duties and modifying duty rates across different notifications, reflecting the government's intent to align with public interest and economic objectives.
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