Customs tariff amendment reduces ad valorem rate under Customs Act, altering the previously notified exemption level. The Central Government, invoking its statutory power under the Customs Act and acting in the public interest, amends Notification No. 52/87-Customs by substituting the ad valorem figure specified in the opening paragraph with a different ad valorem rate; no other provisions of the original notification are changed.
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Customs tariff amendment reduces ad valorem rate under Customs Act, altering the previously notified exemption level.
The Central Government, invoking its statutory power under the Customs Act and acting in the public interest, amends Notification No. 52/87-Customs by substituting the ad valorem figure specified in the opening paragraph with a different ad valorem rate; no other provisions of the original notification are changed.
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