Tariff concession rate reduced for specified Chapter 84 goods, replacing prior higher ad valorem rate. Operative amendment substitutes, in Notification No. 172/89 Customs, the figures and words '40 per cent ad valorem' with the figures and words '30 per cent ad valorem' under the authority of section 25(1) of the Customs Act, 1962, thereby reducing the ad valorem rate specified for the relevant Chapter 84 items.
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Tariff concession rate reduced for specified Chapter 84 goods, replacing prior higher ad valorem rate.
Operative amendment substitutes, in Notification No. 172/89 Customs, the figures and words "40 per cent ad valorem" with the figures and words "30 per cent ad valorem" under the authority of section 25(1) of the Customs Act, 1962, thereby reducing the ad valorem rate specified for the relevant Chapter 84 items.
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