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    <title>Seeks to amend Notification No. 62/2022-Customs, dated the 26th December, 2022 - Levy of Custom duty on Specified goods when imported into Republic of India from Australia</title>
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    <description>The Central Government, under section 25(1) of the Customs Act, 1962, issues Notification No. 50/2025 Customs substituting TABLE I and TABLE II of Notification No. 62/2022 Customs. TABLE I lists tariff items with assigned Basic Customs Duty rates (including numerous 0.0% entries and specified percentage rates). TABLE II prescribes selected tariff items with BCD and Additional Import Duty (AIDC) rates, including CIF based AIDC thresholds for specified alcoholic products. The amendments take effect from 1 January 2026.</description>
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      <description>The Central Government, under section 25(1) of the Customs Act, 1962, issues Notification No. 50/2025 Customs substituting TABLE I and TABLE II of Notification No. 62/2022 Customs. TABLE I lists tariff items with assigned Basic Customs Duty rates (including numerous 0.0% entries and specified percentage rates). TABLE II prescribes selected tariff items with BCD and Additional Import Duty (AIDC) rates, including CIF based AIDC thresholds for specified alcoholic products. The amendments take effect from 1 January 2026.</description>
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