Customs ad valorem rate change modifies project imports exemption under amended notification and public interest grounds. The Central Government, exercising powers under the Customs Act in the public interest, amends Notification No. 132/85 Customs by substituting the previously specified ad valorem rate with a higher ad valorem rate, thereby changing the tariff treatment applicable to project imports under that notification.
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Customs ad valorem rate change modifies project imports exemption under amended notification and public interest grounds.
The Central Government, exercising powers under the Customs Act in the public interest, amends Notification No. 132/85 Customs by substituting the previously specified ad valorem rate with a higher ad valorem rate, thereby changing the tariff treatment applicable to project imports under that notification.
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