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<h1>Central Government Revises Customs Duty on Ball and Roller Bearings Under Customs Act, 1962: New Rates Announced</h1> The Central Government, under the Customs Act, 1962, has amended a previous notification concerning the customs duty on ball and roller bearings and their parts. The revised rates specify a 55% ad valorem duty on most ball and roller bearings, with specific rates for bearings based on bore diameter and weight. Parts of these bearings are subject to a 35% ad valorem duty or the rate applicable to the complete bearing. The notification details various categories of bearings, including deep groove and taper roller bearings, with specific duties based on dimensions and weight.