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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Central Government Sets Max 55% Customs Duty on Chapter 4 Goods per Notification No. 18/90-Cus, Aligns with Public Interest</h1> The Central Government, under the authority of the Customs Act, 1962, has issued Notification No. 18/90-Cus dated 20th March 1990, prescribing effective rates of basic customs duty for certain goods under Chapter 4 of the Customs Tariff Act, 1975. The notification specifies that goods listed in the table, when imported into India, are exempt from customs duty exceeding 55% ad valorem. This exemption applies to goods falling under headings 04.01 to 04.06, aligning the duty with public interest considerations.