Preferential customs duty rates depend on import claims, origin rules, and government notification-based adjustments. Duty on an article carrying both a standard rate and a preferential rate is levied at the standard rate unless the owner claims the preferential rate at importation and the article is proved under prescribed rules to be the produce or manufacture of a notified preferential area. The Central Government may make rules for determining whether an article is such produce or manufacture, declare preferential areas by notification, and, for trade or export reasons, direct amendment of the First Schedule to discontinue, increase, or decrease a preferential rate, with all such notifications laid before Parliament.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Preferential customs duty rates depend on import claims, origin rules, and government notification-based adjustments.
Duty on an article carrying both a standard rate and a preferential rate is levied at the standard rate unless the owner claims the preferential rate at importation and the article is proved under prescribed rules to be the produce or manufacture of a notified preferential area. The Central Government may make rules for determining whether an article is such produce or manufacture, declare preferential areas by notification, and, for trade or export reasons, direct amendment of the First Schedule to discontinue, increase, or decrease a preferential rate, with all such notifications laid before Parliament.
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