https://www.taxtmi.com/acts?id=45942 Section 2A of the Tariff Act is amended to replace references to customs duty with an additional duty on imports; the Central Government may, by notification and rules, direct that this additional duty include a portion of excise duty on raw materials, components or ingredients where the basic duty does not fully countervail domestic excise, having regard to the average excise quantum on such inputs; the additional duty is payable in addition to other duties and, so far as may be, the Customs Act, 1962 procedures and reliefs apply. en-us Thu, 05 Dec 2024 17:11:44 +0530 Thu, 05 Dec 2024 17:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45942 Section 2A of the Tariff Act is amended to replace references to customs duty with an additional duty on imports; the Central Government may, by notification and rules, direct that this additional duty include a portion of excise duty on raw materials, components or ingredients where the basic duty does not fully countervail domestic excise, having regard to the average excise quantum on such inputs; the additional duty is payable in addition to other duties and, so far as may be, the Customs Act, 1962 procedures and reliefs apply. Act-Rules F. Acts / Amendment Acts Thu, 05 Dec 2024 17:11:44 +0530 https://www.taxtmi.com/acts?id=45942