Customs duty schedule updated: specified ferrous goods assigned ad valorem duties and basmati rice given a per tonne duty. The amendment substitutes the Second Schedule entry for heading No. 12 and inserts new headings classifying a range of ferrous goods and basmati rice, prescribing a uniform 20% ad valorem duty for the listed ferrous items and a specified per tonne duty for basmati rice, thereby altering tariff classifications and the basis for customs duty assessment.
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.
Customs duty schedule updated: specified ferrous goods assigned ad valorem duties and basmati rice given a per tonne duty.
The amendment substitutes the Second Schedule entry for heading No. 12 and inserts new headings classifying a range of ferrous goods and basmati rice, prescribing a uniform 20% ad valorem duty for the listed ferrous items and a specified per tonne duty for basmati rice, thereby altering tariff classifications and the basis for customs duty assessment.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
