Adjustment of basic duty directs substitution of ad valorem rates in specified customs exemption notifications under the Customs Act. The Central Government, exercising powers under the Customs Act, directs amendment of specified customs exemption notifications by substituting the figures and words expressing existing ad valorem basic duty rates with the new ad valorem rates set out in the annexed Table, thereby adjusting the basic-duty component in auxiliary duty calculations for each listed notification.
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Provisions expressly mentioned in the judgment/order text.
Adjustment of basic duty directs substitution of ad valorem rates in specified customs exemption notifications under the Customs Act.
The Central Government, exercising powers under the Customs Act, directs amendment of specified customs exemption notifications by substituting the figures and words expressing existing ad valorem basic duty rates with the new ad valorem rates set out in the annexed Table, thereby adjusting the basic-duty component in auxiliary duty calculations for each listed notification.
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