Customs exemption amendments update tariff-based exemption rates and add specific headings with revised concessions under Customs Act Amendment revising entries in the schedule to Notification No.21/2002-Customs: replaces column (4) percentages for S.No.34 items (A),(B),(C) with 60% and for S.No.434 with 67.5%; inserts S.No.36A and 36B adding two tariff headings covering all goods with exemption percentages of 65% and 75%, respectively, under the authority of section 25(1) of the Customs Act.
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Customs exemption amendments update tariff-based exemption rates and add specific headings with revised concessions under Customs Act
Amendment revising entries in the schedule to Notification No.21/2002-Customs: replaces column (4) percentages for S.No.34 items (A),(B),(C) with 60% and for S.No.434 with 67.5%; inserts S.No.36A and 36B adding two tariff headings covering all goods with exemption percentages of 65% and 75%, respectively, under the authority of section 25(1) of the Customs Act.
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