Peak rates for preferential rates for Customs Duty

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....A 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 of Revenue), No.15/2005-Customs, ....

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....ified 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 Preferential rate (1) (2) (3) (4) 1. 0806 20 100% ....