Excise duty exemption limits duty on sterile contact lens care solution to a prescribed ad valorem cap under statutory power. Exempts sterile contact lens care solution under sub heading 3307.90 from central excise duty in excess of the amount calculated at the prescribed ad valorem rate, granted under the statutory power to provide public interest relief and implemented by capping the leviable duty on that tariff item at the stated ad valorem level.
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Excise duty exemption limits duty on sterile contact lens care solution to a prescribed ad valorem cap under statutory power.
Exempts sterile contact lens care solution under sub heading 3307.90 from central excise duty in excess of the amount calculated at the prescribed ad valorem rate, granted under the statutory power to provide public interest relief and implemented by capping the leviable duty on that tariff item at the stated ad valorem level.
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