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of <h1>Government Revises Duty Rates for Multiple Customs Notifications from 1976-1991 Under Customs Act, 1962</h1> The Central Government has amended 11 customs notifications under the Customs Act, 1962, to adjust the duty rates in the public interest. These amendments involve changes in the ad valorem duty percentages for various notifications dating from 1976 to 1991. For instance, the duty under Notification No. 163/76 has been revised to 45% ad valorem, while Notification No. 243/84 has been adjusted to 15% ad valorem. Other notifications have similar modifications, altering duty rates to reflect current economic considerations. Additionally, Notification No. 16/88 includes new entries for specific chemicals subject to these revised duties.
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