Customs duty amendments: revised tariff rates for mineral products altering ad valorem and specific duties under statutory power. Central Government, under section 25(1) of the Customs Act, 1962, directs amendments to specified customs notifications for mineral products (Chapters 25-27) by substituting duty figures and replacing tariff tables. The changes revise ad valorem and specific duties for listed items including sulphur (with insoluble sulphur distinct), mineral phosphates, rock phosphate, cement, asbestos, borates, various metallic ores and concentrates (with separate rates for iron ore pellets, lead and zinc concentrates), slags, drosses, ash residues (including a per-tonne duty for certain zinc ash) and petroleum oils and related products.
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Customs duty amendments: revised tariff rates for mineral products altering ad valorem and specific duties under statutory power.
Central Government, under section 25(1) of the Customs Act, 1962, directs amendments to specified customs notifications for mineral products (Chapters 25-27) by substituting duty figures and replacing tariff tables. The changes revise ad valorem and specific duties for listed items including sulphur (with insoluble sulphur distinct), mineral phosphates, rock phosphate, cement, asbestos, borates, various metallic ores and concentrates (with separate rates for iron ore pellets, lead and zinc concentrates), slags, drosses, ash residues (including a per-tonne duty for certain zinc ash) and petroleum oils and related products.
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