Customs tariff amendment reduces ad valorem rate in notification, changing table entry and affecting exemption applicability. Amendment under section 25(1) of the Customs Act, 1962 substitutes the figures and words in column (4) of the Table annexed to Notification No. 99/90-Customs with a different ad valorem expression, thereby altering the tariff rate recorded in the annexed schedule and affecting the related exemption entries.
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Customs tariff amendment reduces ad valorem rate in notification, changing table entry and affecting exemption applicability.
Amendment under section 25(1) of the Customs Act, 1962 substitutes the figures and words in column (4) of the Table annexed to Notification No. 99/90-Customs with a different ad valorem expression, thereby altering the tariff rate recorded in the annexed schedule and affecting the related exemption entries.
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