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of <h1>Government Caps Customs Duty at 85% on Goods Under Sub-headings 0802.90, 0804.10, 0907.00 per Customs Act 1962</h1> The Central Government, under the authority of the Customs Act, 1962, has issued a notification dated February 28, 1993, establishing an effective maximum customs duty rate of 85% ad valorem on goods classified under sub-headings 0802.90, 0804.10, and 0907.00 of the First Schedule to the Customs Tariff Act, 1975. This exemption applies to the portion of the customs duty exceeding the 85% rate when these goods are imported into India, as deemed necessary in the public interest.
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