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<h1>Government Exempts Goods from Auxiliary Customs Duty under Customs Act, 1962 and Finance Act, 1986 for Specific Period</h1> The Central Government, exercising its powers under the Customs Act, 1962 and the Finance Act, 1986, exempts all goods specified in the First Schedule to the Customs Tariff Act, 1975, from the auxiliary duty of customs. This exemption applies to duties leviable under section 49 of the Finance Act, 1986, for the period from March 1, 1987, to March 1, 1987.