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of <h1>Government Amends Customs Notification: Patent Medicines Exempt from Special Countervailing Duty Under Section 25(1) of Customs Act.</h1> The Central Government has amended notification 29/2010-Customs, dated 27th February 2010, under the authority of section 25(1) of the Customs Act, 1962. This amendment, issued on 1st March 2011, introduces an exemption from special countervailing duty (CVD) for specified goods, specifically patent and proprietary medicines, which are now subject to a nil rate of duty. This change is detailed in notification 23/2011-Customs, and it reflects the government's decision to act in the public interest.
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