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Reduction in Customs Duty

Dated:- 24-7-2015 - Recognizing the need to encourage the growth of Indian tonnage, the Government has exempted Customs and Excise Duty leviable on bunker fuels, namely IFO 180 CST and IFO 380 CST use .....

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the estimated revenue implication of the aforesaid exemptions is ₹ 57 crore in full year. At present the Government has no proposal under consideration to review existing customs duty rules wit .....

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