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of <h1>Central Government Amends Customs Act Notifications: 50% Duty on Edible Oils, No Duties on Other Goods</h1> The Central Government, under the Customs Act, 1962, has amended previous notifications to regulate customs duties on imported goods, specifically focusing on edible oils. The amendments specify that edible oils will be subject to a 50% applied rate of both standard and additional customs duties, while other goods will have no such duties. These changes apply to notifications from April 1997 and April 2002. The definitions for 'applied rate of duty' and 'applied rate of additional duty' are clarified, aligning with the Customs Tariff Act and current notifications under section 25 of the Customs Act.
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