Customs tariff amendment reduces ad valorem exemption rate for specified tariff entries, modifying previously notified concessions. Amendment to a customs tariff notification substitutes the ad valorem concession rate applicable against S. Nos. 5 and 6 in the Table of Notification No. 84/86-Customs by replacing the earlier specified ad valorem rate with a different ad valorem rate, effected under sub-section (1) of section 25 of the Customs Act as necessary in the public interest.
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Customs tariff amendment reduces ad valorem exemption rate for specified tariff entries, modifying previously notified concessions.
Amendment to a customs tariff notification substitutes the ad valorem concession rate applicable against S. Nos. 5 and 6 in the Table of Notification No. 84/86-Customs by replacing the earlier specified ad valorem rate with a different ad valorem rate, effected under sub-section (1) of section 25 of the Customs Act as necessary in the public interest.
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