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

Customs Notification Amends Duty Rates for Motor Vehicles, Extends Concessional Rates, and Updates Deadlines to March 31, 1991.

The notification amends existing customs notifications to extend concessional rates of basic duty on components of specified fuel-efficient motor vehicles by one more year. It also imposes a basic duty of 80% on spares for certain motor vehicles. Various notifications are updated to reflect these changes, including extending deadlines from March 31, 1990, to March 31, 1991, and adjusting duty rates from 25% to 30% or 45% to 55% in specific cases. These amendments are executed under the authority of the Customs Act, 1962, in the interest of public policy.