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<h1>India Exempts Certain Ball & Roller Bearings from Customs Duty Under Customs Act, 1962; Rates Vary by Type & Specs</h1> The Central Government of India, under the Customs Act, 1962, has issued a notification exempting certain ball and roller bearings from portions of the customs duty specified in the First Schedule of the Customs Tariff Act, 1975. The effective rates of duty are detailed in a table, with rates varying based on the type and specifications of the bearings. For instance, general ball and roller bearings are subject to a 60% ad valorem rate, while specific smaller ball bearings and roller bearings have fixed rates per bearing or a combination of ad valorem and fixed rates based on size and weight. Parts of these bearings are also subject to specific rates.