Auxiliary duty exemption for First Schedule goods under customs and finance statutes grants temporary relief from levy. The Central Government, invoking powers under the Customs Act and the Finance Act, exempts all goods in the First Schedule to the Customs Tariff Act, 1975, from the auxiliary duty leviable under the Finance Act, operating as a temporary suspension of that auxiliary levy for the specified single-day period.
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Provisions expressly mentioned in the judgment/order text.
Auxiliary duty exemption for First Schedule goods under customs and finance statutes grants temporary relief from levy.
The Central Government, invoking powers under the Customs Act and the Finance Act, exempts all goods in the First Schedule to the Customs Tariff Act, 1975, from the auxiliary duty leviable under the Finance Act, operating as a temporary suspension of that auxiliary levy for the specified single-day period.
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