Amendment of customs notifications updates tariff classifications and substitutes new ad valorem duty rates for listed imported goods. The Central Government, invoking its amendment power under sub section (1) of section 25 of the Customs Act, 1962, directs modification of nineteen specified customs exemption and tariff notifications by substituting precise textual amendments-replacement of ad valorem rates, per tonne charges or entire Tables and explanatory definitions-to redefine the tariff classification, scope and duty rates for listed goods and import purposes.
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Amendment of customs notifications updates tariff classifications and substitutes new ad valorem duty rates for listed imported goods.
The Central Government, invoking its amendment power under sub section (1) of section 25 of the Customs Act, 1962, directs modification of nineteen specified customs exemption and tariff notifications by substituting precise textual amendments-replacement of ad valorem rates, per tonne charges or entire Tables and explanatory definitions-to redefine the tariff classification, scope and duty rates for listed goods and import purposes.
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