Regulatory duties of customs

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Full Text of the Document

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...., on all or any of the goods mentioned in the First Schedule to the Tariff Act, or in that Schedule as amended from time to time, a regulatory duty of customs not exceeding- (a) 25 per cent. of the rate, if any, specified in the said First Schedule read with any notification issued under section 3A, or subsection (1) of section 4, of the Tariff Act; or (b) 10 per cent. of the value of the good....