Customs concession rate for homoeopathic medicines reduced to a lower ad valorem rate under statutory authority of the Customs Act. Amendment modifies Notification No. 58/85-Cus by substituting the earlier ad valorem rate with a lower ad valorem rate for homoeopathic medicines. The Central Government, invoking the statutory authority under section 25 of the Customs Act and citing public interest, effects this change through Notification No. 218/92-Cus, thereby changing the tariff concession specified in the original notification.
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Customs concession rate for homoeopathic medicines reduced to a lower ad valorem rate under statutory authority of the Customs Act.
Amendment modifies Notification No. 58/85-Cus by substituting the earlier ad valorem rate with a lower ad valorem rate for homoeopathic medicines. The Central Government, invoking the statutory authority under section 25 of the Customs Act and citing public interest, effects this change through Notification No. 218/92-Cus, thereby changing the tariff concession specified in the original notification.
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