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of <h1>India Amends Customs Duty Rates for Energy Imports from SEZs; Updates Gold and Silver Import Conditions.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 26/2012-Customs to amend Notification No. 12/2012-Customs. This amendment prescribes the effective rate of duty on the import of goods, specifically addressing electrical energy removed from a Special Economic Zone into the Domestic Tariff Area. The duty rates vary based on the type of fuel used and the capacity of power projects. Additionally, the amendment modifies the conditions for importing gold and silver, setting limits on quantities per eligible passenger. These changes are enacted under the Customs Act, 1962, in the public interest.
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