Customs tariff amendment reduces specified ad valorem duty and adds automotive components to exemption tables. Amendment exercises the Central Government's power under sub section (1) of section 25 of the Customs Act, 1962 to modify notifications 254/84, 75/85, 350/85 and 351/85: inserting automotive components (auto bulb assemblies, fan motors, Macpherson struts, reed valve assemblies, front forks) into specified Tables; and substituting a lower ad valorem duty rate and omitting a serial entry in notification 351/85.
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Customs tariff amendment reduces specified ad valorem duty and adds automotive components to exemption tables.
Amendment exercises the Central Government's power under sub section (1) of section 25 of the Customs Act, 1962 to modify notifications 254/84, 75/85, 350/85 and 351/85: inserting automotive components (auto bulb assemblies, fan motors, Macpherson struts, reed valve assemblies, front forks) into specified Tables; and substituting a lower ad valorem duty rate and omitting a serial entry in notification 351/85.
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