Basic customs duty change on specified nylon tyres alters applicable ad valorem rate under Customs Act, amending prior notification. Amends Notification No. 185/88-Customs by substituting the phrase '60 per cent ad valorem' in its opening paragraph with '55 per cent ad valorem,' thereby prescribing a revised basic customs duty on specified nylon tyres under the powers of section 25(1) of the Customs Act, 1962.
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Basic customs duty change on specified nylon tyres alters applicable ad valorem rate under Customs Act, amending prior notification.
Amends Notification No. 185/88-Customs by substituting the phrase "60 per cent ad valorem" in its opening paragraph with "55 per cent ad valorem," thereby prescribing a revised basic customs duty on specified nylon tyres under the powers of section 25(1) of the Customs Act, 1962.
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