Customs duty reduction on ship breaking: basic customs duty reduced by government amendment under the Customs Act. Amendment substitutes a lower figure for the basic customs duty in clause (i) of Notification No. 142/87 Customs, replacing the previously specified amount with a reduced amount for ships imported for breaking, effected by Notification No. 54/88 Cus. under section 25(1) of the Customs Act, 1962.
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Customs duty reduction on ship breaking: basic customs duty reduced by government amendment under the Customs Act.
Amendment substitutes a lower figure for the basic customs duty in clause (i) of Notification No. 142/87 Customs, replacing the previously specified amount with a reduced amount for ships imported for breaking, effected by Notification No. 54/88 Cus. under section 25(1) of the Customs Act, 1962.
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