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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Government Exempts Ethyl Benzene, Styrene, Butene-1, Pure Octenes from Customs Duty Over 40% per Notification 49/92-Cus</h1> The Central Government, under the authority of the Customs Act, 1962, has issued Notification No. 49/92-Cus dated March 1, 1992, to exempt specific chemicals-ethyl benzene, styrene, butene-1, and pure octenes-from customs duty exceeding 40% ad valorem. This exemption applies to goods classified under Chapter 29 of the First Schedule of the Customs Tariff Act, 1975, when imported into India, as a measure deemed necessary in the public interest.
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