9911796707
TMI BlogHSN 1996- Amendment to the First Schedule to the Customs Tariff Act, 1975- ImplementationX X X X Extracts X X X X X X X X Extracts X X X X ..... Schedule to the Customs Tariff Act, 1975- Implementation The undersigned is directed to refer to the Board's instructions contained in its earlier Circular No. 116/95- Customs, dated 16.11.95. As already stated therein, the First Schedule to the Customs Tariff Act undergoes various changes effected through the proposals contained in the Third Schedule (Parts I II) to the Finance Act, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es through amendments to various existing exemption notifications, or where necessary by issue of fresh notifications also. Three notifications, No 173/ 95-Cus., No. 174/95-Cus., and No. 175/95-Cus.. have been issued in this regard, all dated 29.12.95., copies of which are enclosed 1 herewith. The amendments may kindly be scrutinised carefully and implemented with effect from 1.1.1996. 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s and tubers, these are now classifiable under Hg. 2007.99, wherein there is no Preferential Rate of Duty in column 5 of the First Schedule to the Customs Tariff Act, 1975. But with effect from 1.1.96, these will fall under Hg. 07.14 which carries a Preferential Rate of 10%, duty, when imported from Mauritius, Seychelles, and Tonga, the Preferential areas notified under section 4 o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re is no increase in rate of duty on any of the affected items. In the event of any item being found to have undergone a change in the effective duty structure consequent to the switch over to the 1.1.96 version of the Tariff and which is not covered by the notifications mentioned in para 2 above (excluding the three items mentioned in para 3 above), the same may be immediately brought to the no ..... X X X X Extracts X X X X X X X X Extracts X X X X
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