Customs exemption amendments revise ad valorem exemption rates and add pesticide entries to the exemption schedule. The Central Government, invoking section 25(1) of the Customs Act, 1962, amends eleven specified customs exemption notifications by substituting stated ad valorem exemption rates with newly prescribed ad valorem rates and, in one instance, by adding named chemical entries (including pesticide active ingredients) to the exemption Table, thereby modifying the extent and scope of customs duty exemptions in the cited notifications.
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Customs exemption amendments revise ad valorem exemption rates and add pesticide entries to the exemption schedule.
The Central Government, invoking section 25(1) of the Customs Act, 1962, amends eleven specified customs exemption notifications by substituting stated ad valorem exemption rates with newly prescribed ad valorem rates and, in one instance, by adding named chemical entries (including pesticide active ingredients) to the exemption Table, thereby modifying the extent and scope of customs duty exemptions in the cited notifications.
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