TMI BlogAMENDMENTS TO THE CUSTOMS TARIFF ACT, 1975X X X X Extracts X X X X X X X X Extracts X X X X ..... a) reduce the tariff rate from 25%, 30%, 35%,40% to 20% b) reduce the tariff rate from 150%, 125%,100% to 70% c) reduce the tariff rate on certain items d) tariffise effective rates in the Schedule e) create new tariff items based on process (parboiled, others) and on variety (rice recognized by Geographical Identification Registry, basmati, others) under sub-heading 1006 30 f) create new tar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... icides and certain goods covered by International Conventions in chapter 38 k) create new tariff lines to distinguish precious metals - containing 99.9% or more by weight of silver, containing 99.5% or more by weight of gold, containing 99% or more by weight of platinum under headings 7106, 7108 and 7110 respectively l) changes in heading 8112 to align with WCO HS 2022 m) changes in sub-heading ..... X X X X Extracts X X X X X X X X Extracts X X X X
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