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of <h1>Duty Rate for Gem and Jewellery Imports Reduced to 10% in Six Customs Notifications Under Customs Act, 1962.</h1> The Central Government has amended six customs notifications concerning goods imported by Gem and Jewellery Units under the Customs Act, 1962. The amendments specifically change the duty rate from '15%' to '10%' in certain conditions of the specified notifications. The affected notifications include 196-Customs/87, 256-Customs/87, 258-Customs/87, 260-Customs/87, 262-Customs/87, and 3-Customs/88, with the changes applicable to specific conditions and items as detailed in the annexed table. These amendments are made in the public interest.
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