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of <h1>Central Government Revises Customs Duty Rates on Ball and Roller Bearings Under Customs Act, 1962; New Table Introduced</h1> The Central Government, under the Customs Act, 1962, has amended Notification No. 70/89-Customs regarding the customs duty on ball and roller bearings. The amendment introduces a new table detailing the rates of duty for various types of bearings and their parts. Ball and roller bearings not specified in certain categories are subject to 100% ad valorem duty. Specific rates are set for bearings based on bore diameter and weight, with additional charges for certain types. Parts of these bearings are taxed at rates corresponding to the bearings they belong to, with some parts subject to 100% or 110% ad valorem duty.
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