Customs duty increase on gold and silver jewellery imports takes immediate effect under statutory emergency tariff power. The Central Government, exercising its statutory emergency tariff power, directs substitution of the duty entry in the First Schedule to the Customs Tariff Act for specified tariff items in Chapter 71 relating to articles of precious metal jewellery and goldsmiths' and silversmiths' wares, effecting an immediate increase in the applicable import duty by replacing the column (4) tariff entry for the listed items.
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 increase on gold and silver jewellery imports takes immediate effect under statutory emergency tariff power.
The Central Government, exercising its statutory emergency tariff power, directs substitution of the duty entry in the First Schedule to the Customs Tariff Act for specified tariff items in Chapter 71 relating to articles of precious metal jewellery and goldsmiths' and silversmiths' wares, effecting an immediate increase in the applicable import duty by replacing the column (4) tariff entry for the listed items.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.