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of <h1>Central Government Reduces Customs Duty on Aluminium Ingots from 25% to 20% Under Section 25(1) of Customs Act, 1962.</h1> The Central Government, exercising its authority under section 25(1) of the Customs Act, 1962, has amended a previous notification from December 20, 1985. This amendment pertains to the customs tariff on aluminium ingots, reducing the duty from '25 per cent ad valorem' to '20 per cent ad valorem.' This change is deemed necessary in the public interest and is formalized under Notification No. 370/86-Cus, dated June 27, 1986.
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