Customs tariff amendment revises ad valorem exemption rates for metal waste, scrap and other specified entries. The Central Government, under section 25(1) of the Customs Act, 1962, substitutes entries in the annexed Table of the March 1, 1983 notification: it replaces the first serial entry to set distinct ad valorem exemptions for Heading 78.01 (waste and scrap; others) and substitutes the ad valorem exemption entries for the second and fifth serial entries, thereby revising the specified exemption rates in the Table.
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Customs tariff amendment revises ad valorem exemption rates for metal waste, scrap and other specified entries.
The Central Government, under section 25(1) of the Customs Act, 1962, substitutes entries in the annexed Table of the March 1, 1983 notification: it replaces the first serial entry to set distinct ad valorem exemptions for Heading 78.01 (waste and scrap; others) and substitutes the ad valorem exemption entries for the second and fifth serial entries, thereby revising the specified exemption rates in the Table.
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