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of <h1>India Revises Customs Duty: Reduced Rates for Ostomy Products, Tunnel Boring Machines, and More Under Chapters 1-99</h1> The Government of India has amended Notification No. 21/2002-Customs to revise the exemption and effective rates of basic and additional duty for specified goods under Chapters 1 to 99. Key changes include a reduction of the duty rate to 2.5% for certain items, a 5% duty for ostomy products and their accessories, and a nil duty for tunnel boring machines and their components. Additionally, new items have been added to the exemption list, including various medical and industrial goods. These amendments are aimed at facilitating trade and manufacturing in the public interest.
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