Customs duty reduction for cloves: basic tariff entries substituted to impose a lower per kilogram duty and adjusted ad valorem rate. The Central Government, invoking its power under section 25(1) of the Customs Act, 1962 and citing public interest, amends the earlier notification to substitute the entries in columns (4) and (5) of the annexed table for S. No. 3. The substitution replaces the prior tariff entries with revised per kilogram duty and a corresponding per kilogram expression incorporating an ad valorem reduction, thereby altering the basic customs duty applicable to cloves.
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Customs duty reduction for cloves: basic tariff entries substituted to impose a lower per kilogram duty and adjusted ad valorem rate.
The Central Government, invoking its power under section 25(1) of the Customs Act, 1962 and citing public interest, amends the earlier notification to substitute the entries in columns (4) and (5) of the annexed table for S. No. 3. The substitution replaces the prior tariff entries with revised per kilogram duty and a corresponding per kilogram expression incorporating an ad valorem reduction, thereby altering the basic customs duty applicable to cloves.
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