Amending certain notifications so as to, inter-alia,- (i) extend the concessional rates of basic duty on components of specified fuel efficient motor vehicles by one more year, and (ii) prescribe a basic duty of 80% on spares of certain motor vehicles - 125/90 - Customs -Tariff
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Basic duty increase on vehicle spares signals tariff tightening while concessions for fuel efficient components are extended. The notification amends multiple prior Customs notifications by substituting the expiry date '31st day of March, 1990' with '31st day of March, 1991' to extend concessional treatment for components of specified fuel efficient motor vehicles, substitutes revised percentage figures in opening paragraphs of several notifications, and omits specified serial entries from certain tables; it also prescribes an increased basic duty on certain motor vehicle spares, exercising powers under section 25(1) of the Customs Act, 1962.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Basic duty increase on vehicle spares signals tariff tightening while concessions for fuel efficient components are extended.
The notification amends multiple prior Customs notifications by substituting the expiry date "31st day of March, 1990" with "31st day of March, 1991" to extend concessional treatment for components of specified fuel efficient motor vehicles, substitutes revised percentage figures in opening paragraphs of several notifications, and omits specified serial entries from certain tables; it also prescribes an increased basic duty on certain motor vehicle spares, exercising powers under section 25(1) of the Customs Act, 1962.
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