Ad valorem duty substitution: notification replaces specified entries with an ad valorem rate for goods under the relevant tariff chapter. The Central Government, exercising powers under sub section (1) of section 25 of the Customs Act, 1962, amends Notification No. 227 Customs by substituting in the Table annexed, in column (3), the words 'sixty per cent ad valorem' for the entries against serial numbers 4 and 5, thereby altering the tariff treatment for goods falling under Chapter 39.
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Ad valorem duty substitution: notification replaces specified entries with an ad valorem rate for goods under the relevant tariff chapter.
The Central Government, exercising powers under sub section (1) of section 25 of the Customs Act, 1962, amends Notification No. 227 Customs by substituting in the Table annexed, in column (3), the words "sixty per cent ad valorem" for the entries against serial numbers 4 and 5, thereby altering the tariff treatment for goods falling under Chapter 39.
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