Customs exemption amendment increases an ad valorem specification and expands exemption to the whole customs duty under the schedule. The Central Government amends two aluminium-related customs exemption notifications: Notification No. 83/86-Customs is revised to substitute the entry against Serial No. 3, column (4) with '15% ad valorem', and Notification No. 343/87-Customs is revised to replace the limited exemption phrase with wording providing exemption from the whole of the duty of customs leviable thereon as specified in the First Schedule.
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Customs exemption amendment increases an ad valorem specification and expands exemption to the whole customs duty under the schedule.
The Central Government amends two aluminium-related customs exemption notifications: Notification No. 83/86-Customs is revised to substitute the entry against Serial No. 3, column (4) with "15% ad valorem", and Notification No. 343/87-Customs is revised to replace the limited exemption phrase with wording providing exemption from the whole of the duty of customs leviable thereon as specified in the First Schedule.
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