https://www.taxtmi.com/highlights?id=93630 The central government issues a notification superseding numerous prior customs exemption notifications and establishes standardized effective rates of customs duty, integrated tax (IGST) and compensation cess for specified imported goods. It exempts imports for listed tariff items to the extent duties or taxes exceed prescribed standard rates set out in Tables I-IV, with applicable conditions in annexures, and includes a provision adjusting valuation for certain goods based on carrier, freight and insurance. The notification takes effect on 1 November 2025. en-us Mon, 27 Oct 2025 21:09:14 +0530 Mon, 27 Oct 2025 21:09:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=93630 The central government issues a notification superseding numerous prior customs exemption notifications and establishes standardized effective rates of customs duty, integrated tax (IGST) and compensation cess for specified imported goods. It exempts imports for listed tariff items to the extent duties or taxes exceed prescribed standard rates set out in Tables I-IV, with applicable conditions in annexures, and includes a provision adjusting valuation for certain goods based on carrier, freight and insurance. The notification takes effect on 1 November 2025. Highlights Customs Mon, 27 Oct 2025 21:09:14 +0530 https://www.taxtmi.com/highlights?id=93630