https://www.taxtmi.com/acts?id=1212 Duty on an article carrying both a standard rate and a preferential rate is levied at the standard rate unless the owner claims the preferential rate at importation and the article is proved under prescribed rules to be the produce or manufacture of a notified preferential area. The Central Government may make rules for determining whether an article is such produce or manufacture, declare preferential areas by notification, and, for trade or export reasons, direct amendment of the First Schedule to discontinue, increase, or decrease a preferential rate, with all such notifications laid before Parliament. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 29 Jun 2026 14:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1212 Duty on an article carrying both a standard rate and a preferential rate is levied at the standard rate unless the owner claims the preferential rate at importation and the article is proved under prescribed rules to be the produce or manufacture of a notified preferential area. The Central Government may make rules for determining whether an article is such produce or manufacture, declare preferential areas by notification, and, for trade or export reasons, direct amendment of the First Schedule to discontinue, increase, or decrease a preferential rate, with all such notifications laid before Parliament. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1212