Customs exemption amendment increases ad valorem rate and extends notification validity under Customs Act procedural power. The Central Government, invoking powers under the Customs Act, substituted a higher ad valorem rate for the rate specified in Notification No. 319/85-Cus. and replaced the previously stated terminal date with a later terminal date, thereby extending the period of validity of that exemption notification by textual substitutions in the notification's first paragraph (rate) and paragraph 2 (validity).
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Customs exemption amendment increases ad valorem rate and extends notification validity under Customs Act procedural power.
The Central Government, invoking powers under the Customs Act, substituted a higher ad valorem rate for the rate specified in Notification No. 319/85-Cus. and replaced the previously stated terminal date with a later terminal date, thereby extending the period of validity of that exemption notification by textual substitutions in the notification's first paragraph (rate) and paragraph 2 (validity).
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