Effective duty rates on feature films revised, with exemptions for initial prints and timing-based clearance rules. Amendment revises effective rates of duty by substituting tariff entries to specify schedules for feature films (not exceeding 4000 metres), dubbed feature films (not exceeding 4000 metres) and advertisement/other films, distinguishing clearances before or within twelve months of first public exhibition and those after twelve months, and providing nil or reduced duty for initial prints and higher rates for subsequent prints and balances.
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Provisions expressly mentioned in the judgment/order text.
Effective duty rates on feature films revised, with exemptions for initial prints and timing-based clearance rules.
Amendment revises effective rates of duty by substituting tariff entries to specify schedules for feature films (not exceeding 4000 metres), dubbed feature films (not exceeding 4000 metres) and advertisement/other films, distinguishing clearances before or within twelve months of first public exhibition and those after twelve months, and providing nil or reduced duty for initial prints and higher rates for subsequent prints and balances.
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