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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Customs Duty Reduced from 25% to 10% under Section 25(1) of Customs Act, 1962, per Notification No. 199/87</h1> Notification No. 199/87-Customs, dated May 11, 1987, amends Notification No. 224/81-Customs, originally issued on October 1, 1981. Exercising powers under section 25(1) of the Customs Act, 1962, the Central Government has determined that it is in the public interest to amend the existing notification. The amendment involves changing the customs duty rate from '25 per cent ad valorem' to '10 per cent ad valorem.' This adjustment reflects a reduction in the customs duty rate as specified in the original notification.
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