Effective Rate of Duty caps excise liability for listed tariff classifications, permitting duty only up to prescribed ad valorem ceilings. Notification limits excise duty on goods specified by tariff chapter, heading or sub heading by exempting from duty that portion exceeding the amount computed at the effective ad valorem rate shown in the annexed table. The table pairs each listed commodity classification with a specific ad valorem ceiling, so duty is payable only up to the stated effective rate for those goods; unlisted goods remain subject to the Schedule rates.
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Provisions expressly mentioned in the judgment/order text.
Effective Rate of Duty caps excise liability for listed tariff classifications, permitting duty only up to prescribed ad valorem ceilings.
Notification limits excise duty on goods specified by tariff chapter, heading or sub heading by exempting from duty that portion exceeding the amount computed at the effective ad valorem rate shown in the annexed table. The table pairs each listed commodity classification with a specific ad valorem ceiling, so duty is payable only up to the stated effective rate for those goods; unlisted goods remain subject to the Schedule rates.
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