Amends Notification no.21/2002-Exemption and effective rate of basic and additional duty for specified goods of Chapter 1 to 99 - 128/2010 - Customs -Tariff
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Customs duty amendment: revised exemption quantity and differentiated duty rates for specified rubber import tariff items. Amendment to Notification No.21/2002 adds a proviso permitting goods specified at new serial 491B to qualify under the notification if imported by the stated cut-off date, and inserts entries 491A and 491B in the Table: 491A grants a limited aggregate exemption for specified tariff items subject to a concessional duty rate for the remainder of the financial year; 491B applies to all other imports of those items and prescribes a differentiated duty rate mechanism.
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Customs duty amendment: revised exemption quantity and differentiated duty rates for specified rubber import tariff items.
Amendment to Notification No.21/2002 adds a proviso permitting goods specified at new serial 491B to qualify under the notification if imported by the stated cut-off date, and inserts entries 491A and 491B in the Table: 491A grants a limited aggregate exemption for specified tariff items subject to a concessional duty rate for the remainder of the financial year; 491B applies to all other imports of those items and prescribes a differentiated duty rate mechanism.
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