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        Customs

        Amends Notification No. 86/80-Cus. [Caprolactum] - 372/87 - Customs -Tariff

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        Ad valorem rate reduction modifies the applicable customs exemption under an amended notification, altering concession scope. The Central Government amends Notification No. 86/80-Customs to substitute the figures and words '65 per cent ad valorem' with '45 per cent ad valorem,' thereby reducing the rate-based customs concession for caprolactam under the earlier notification.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Ad valorem rate reduction modifies the applicable customs exemption under an amended notification, altering concession scope.

                                The Central Government amends Notification No. 86/80-Customs to substitute the figures and words "65 per cent ad valorem" with "45 per cent ad valorem," thereby reducing the rate-based customs concession for caprolactam under the earlier notification.


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