Government Amends Customs Notifications: Duty Changes for Gold, Silver, Industrial Equipment Under Notification No. 28/2003-Customs

The Central Government has issued Notification No. 28/2003-Customs, dated March 1, 2003, amending various previous customs notifications under the Customs Act, 1962. These amendments involve changes in duty rates, descriptions, and conditions for various goods, including gold, silver, and specific industrial and scientific equipment. Notable changes include adjustments in duty rates for gold and silver, modifications to the descriptions of goods for import, and the inclusion of new projects and equipment in the exemption list. The amendments aim to align with public interest and facilitate trade and industry compliance.

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