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of <h1>Central Government Caps Customs Duty at 35% for Goods under Heading Nos. 59.01 and 59.11 to Benefit Public Interest.</h1> The Central Government, under the Customs Act, 1962, has issued Notification No. 75/90-Cus dated March 20, 1990, prescribing an effective rate of basic customs duty for goods classified under Heading Nos. 59.01 and 59.11 of the Customs Tariff Act, 1975. The notification exempts these goods, when imported into India, from customs duty exceeding thirty-five percent ad valorem, as specified in the First Schedule of the Customs Tariff Act. This measure is taken in the public interest to regulate the duty levied on these specific goods.
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