Inputs from Bangladesh, Korea, Sri Lanka and Bangkok - Duty for goods of Headings 4802.20, 8464.10 and 8464.20 reduced to 50%, 40% and 35% respectively
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Tariff reduction for imported inputs under customs law, reducing applicable ad valorem duties for specified tariff headings.
The Central Government, exercising powers under section 25(1) of the Customs Act, 1962, amends Notification No. 252/90-Customs by substituting revised entries in the Table: replacing column (4) for the three specified serial numbers so that the affected goods attract ad valorem duties of 50%, 35% and 35% respectively.