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of <h1>India's Government Reduces Auxiliary Customs Duty on Specific Imports to 25% Under Notification No. 208/87-Cus</h1> The Central Government of India issued Notification No. 208/87-Cus on May 12, 1987, granting partial exemption from auxiliary customs duties on specific imported goods. This exemption applies to goods listed in an annexed table, which includes items like lead concentrates, linear alkyl benzene, polyester yarns, industrial diamonds, electrical steel sheets, and various machinery and electrical components. The exemption reduces the auxiliary duty to 25% of the goods' value as determined under the Customs Act, 1962. This action supersedes a previous notification dated March 1, 1987, and aims to serve the public interest by reducing import costs on these specified goods.
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