Central Government Amends Customs Notifications: Key Changes in Trade References, Duty Rates, and Import Conditions.
The Central Government, under section 25(1) of the Customs Act, 1962, has amended several customs notifications in the public interest. Key amendments include changing references from "Trade Fair Authority of India" to "India Trade Promotion Organisation" in certain notifications, adjusting ad valorem rates from 100% to 80% in others, and adding requirements for certificates from the Directorate of Hydrocarbons for offshore oil exploration goods. Additional changes involve updating entries related to import conditions and entities, such as including the "Microwave Research and Development Centre, Bangalore" and specifying duty exemption certificate requirements for certain government-related imports.
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