Customs exemption for iron ore fines: export duty limited to an ad valorem rate; later rescinded by subsequent notification. The Central Government exempted iron ore fines under Heading No. 11 of the Second Schedule to the Customs Tariff Act from customs duty in excess of an ad valorem charge, substituting the prior per tonne levy with an ad valorem rate by notification; that exemption was later rescinded by a subsequent notification.
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Customs exemption for iron ore fines: export duty limited to an ad valorem rate; later rescinded by subsequent notification.
The Central Government exempted iron ore fines under Heading No. 11 of the Second Schedule to the Customs Tariff Act from customs duty in excess of an ad valorem charge, substituting the prior per tonne levy with an ad valorem rate by notification; that exemption was later rescinded by a subsequent notification.
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