CUSTOMS NOTIFICATION No.50/1998 Dated 18th July, 1998

• Methanol - 25% Duty

• Newsprint - Duty Off

• Aluminum waste and scarp - 10% Duty

• More Life Saving Drugs included for Duty Exemption

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 23/98-Customs, dated the 2nd June,1998, namely : -

In the said notification, -
(a) in the Table, -

(i) after serial No. 48 and the entries relating thereto, the following shall be inserted, namely :-

(ii) after serial No.89, for the entry in column (4) do entry "Nil" shall be substituted; 

(iii) after serial No. 131 and the entries relating to thereto, the following shall be inserted, namely:-

(b) in List 2, after item (258), the following items Shall be added, namely,

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