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of <h1>Union Budget 2024-25: Section 6 of Customs Tariff Act, 1975 to be removed, ending protective duties.</h1> The Union Budget 2024-25 and the Finance (No. 2) Bill, 2024 introduce amendments to the Customs Tariff Act, 1975. Specifically, Section 6, which allowed the Central Government to levy protective duties based on recommendations from the Tariff Commission, is being removed. This change follows the dissolution of the Tariff Commission by a government resolution on June 1, 2022. The amendment will be effective upon the enactment of the Finance (No. 2) Bill, 2024.
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