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of <h1>Government Amends Customs Tariffs for Bearings: 150% Ad Valorem Duty Plus Additional Charges on Parts and Sub-Assemblies</h1> The Central Government, invoking powers under the Customs Act, 1962, has amended a previous notification regarding customs tariffs on goods under Heading 84.62. The amendment replaces the entry for Sl. No. 6 in the notification issued on March 17, 1985. The revised entry specifies different ad valorem duties, plus additional charges, for parts and sub-assemblies of bearings, categorized under various descriptions. The duties are set at 150% ad valorem with additional charges ranging from Rs. 15 to Rs. 80 per part or sub-assembly, while all other goods under this heading are subject to 150% ad valorem duty.
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