The Central Board of Indirect Taxes and Customs (CBIC) amended the import duty rate of the Liquified Propane and Liquified Butane vide notification No. 43/2023-Customs, 44/2023-Customs and 45/2023-Customs issued on 1st July 2023. The notification shall come into force on immediate effect. The board not only increased the import rate duty to 15%, but also…
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