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<h1>Govt exempts imported goods from additional customs duty per Notification No. 84/88-Cus, aligning with Finance Bill 1988.</h1> The Central Government, under the authority of the Customs Act, 1962, has issued Notification No. 84/88-Cus dated March 1, 1988, to exempt imported goods from additional customs duty. This exemption applies to goods listed in the First Schedule of the Customs Tariff Act, 1975, and is equivalent to the special excise duty on similar goods manufactured in India. This measure, deemed necessary for public interest, is supported by the Finance Bill, 1988, which holds legal force under the Provisional Collection of Taxes Act, 1931.