Customs :
- The government has raised the import duty for spent catalysts that contain precious metals to14.35%, which comprises a 10% Basic Customs Duty (BCD) and an additional 4.35% under the All Industry Duty Drawback (AIDC). However these goods have been given exemption from the Social Welfare Surcharge. [Notification No. 03, 04 & 05/2024-Customs]