Peak rates for preferential rates for Customs Duty

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.... GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 1st March, 2007 10 Phalguna, 1928 (Saka) NOTIFICATION No. 22/2007-CUSTOMS G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department....

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....the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table, where the preferential rate of duty is leviable. Explanation. - For the purposes of this notification, the rate specified in column (3) or column (4) is the ad valorem rate. Table S.No. Chapter or heading or sub-heading or tariff item of the First Schedule Standard rate Prefere....