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of <h1>Customs Duty on Non-Agricultural Goods Reduced from 25% to 20% Effective January 9, 2004, Under Customs Act 1962.</h1> The notification, effective from January 9, 2004, reduces the peak customs duty rate on non-agricultural goods from 25% to 20%. Issued under the Customs Act, 1962, it supersedes the previous notification from March 1, 2003. The document specifies standard and preferential duty rates for various goods according to their classification under the Customs Tariff Act, 1975. The notification outlines detailed tariff rates for numerous goods, with some items subject to specific rates based on value or quantity. The changes aim to align with public interest considerations.
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