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of <h1>Oleopine Resin Imports Get 30% Duty Cut and Additional Duty Waiver Under Notification No. 40/92-Cus.</h1> Notification No. 40/92-Cus, dated March 1, 1992, issued under the Customs Act, 1962, grants an exemption for oleopine resin classified under sub-heading 1301.90 of the First Schedule to the Customs Tariff Act, 1975. The exemption applies to imports into India, reducing the customs duty to 30% ad valorem and waiving the additional duty under section 3 of the Customs Tariff Act. This measure is enacted by the Central Government in the public interest.
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