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of <h1>Govt. rescinds 1986 customs notifications under Section 25(1) of Customs Act, affecting chemical exemptions in public interest.</h1> The Central Government, exercising its authority under section 25(1) of the Customs Act, 1962, has rescinded Notification Nos. 178/86-Customs and 498/86-Customs, which were issued on March 1, 1986, and December 23, 1986, respectively. This action, effective through Notification No. 112/93-Customs dated May 4, 1993, pertains to the exemption of certain chemicals under Chapter 28 of the Customs Tariff. The rescission is deemed necessary in the public interest by the Ministry of Finance, Department of Revenue.
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