Central Govt Sets Uniform 110% Customs Duty Rate for Chapter 33 Goods Under Notification No. 43/90-Cus
The Central Government, under the powers of the Customs Act, 1962, has issued Notification No. 43/90-Cus dated March 20, 1990. This notification prescribes effective rates of basic customs duty on goods under Chapter 33 of the Customs Tariff Act, 1975. The specified goods, when imported into India, are exempted from customs duty in excess of the amount calculated at a rate of 110% ad valorem. The notification lists the headings and corresponding rates for all goods under Chapter 33, ensuring a uniform duty rate of 110% ad valorem for each category.
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