Customs tariff rate reduction: amendment substitutes a lower per tonne duty, altering the applicable exemption notification. The Central Government, invoking powers under the Customs Act, amends Notification No. 343/87 Customs (27 October 1987) by substituting the words 'rupees one thousand per metric tonne' with the words 'rupees five hundred per metric tonne,' effecting a reduced per metric tonne duty in the exemption notification on the stated public interest basis.
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Customs tariff rate reduction: amendment substitutes a lower per tonne duty, altering the applicable exemption notification.
The Central Government, invoking powers under the Customs Act, amends Notification No. 343/87 Customs (27 October 1987) by substituting the words "rupees one thousand per metric tonne" with the words "rupees five hundred per metric tonne," effecting a reduced per metric tonne duty in the exemption notification on the stated public interest basis.
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