Customs exemption for specified printing components limits ad valorem duty to prescribed rates under notification. Central Government notification under section 25(1) of the Customs Act, 1962 exempts specified goods from customs duty in excess of amounts calculated at the ad valorem rates set out in the Table. The notification, stated to be in the public interest and superseding notification No. 73/77 Customs, limits duty on the listed items to the amounts determined by the corresponding ad valorem rates and applies to goods falling within Chapter 48 of the First Schedule to the Customs Tariff Act, 1975.
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Customs exemption for specified printing components limits ad valorem duty to prescribed rates under notification.
Central Government notification under section 25(1) of the Customs Act, 1962 exempts specified goods from customs duty in excess of amounts calculated at the ad valorem rates set out in the Table. The notification, stated to be in the public interest and superseding notification No. 73/77 Customs, limits duty on the listed items to the amounts determined by the corresponding ad valorem rates and applies to goods falling within Chapter 48 of the First Schedule to the Customs Tariff Act, 1975.
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