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        Customs

        Amendment in Notification No. 116/2008 dated 31/10/2008 (Exempts iron ore fines falling under Heading No. 11 of the Second Schedule to the Customs Tariff Act, 1975 (51 of 1975)) - 121/2008 - Customs -Tariff

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        Customs levy change: exemption condition for iron ore fines amended from specific per tonne rate to ad valorem rate. Amendment replaces the fixed per tonne charge in Notification No. 116/2008 for iron ore fines with an ad valorem rate, changing the levy mechanism from a specific monetary amount to a value based percentage for goods classified under the relevant heading of the Second Schedule to the Customs Tariff Act.
                      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 levy change: exemption condition for iron ore fines amended from specific per tonne rate to ad valorem rate.

                            Amendment replaces the fixed per tonne charge in Notification No. 116/2008 for iron ore fines with an ad valorem rate, changing the levy mechanism from a specific monetary amount to a value based percentage for goods classified under the relevant heading of the Second Schedule to the Customs Tariff Act.


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