Effective excise rate for ship-breaking materials limited where corresponding customs duties are paid on import. Exemption caps excise on goods and materials obtained by breaking up ships, boats and floating structures by limiting excise liability to an effective per-tonne rate; this limitation applies only where the goods fall within the relevant tariff classifications and where specified customs duty and the additional duty at the stated rate have been paid on importation, with separate customs-duty conditions depending on whether importation took place before or on/after the operative date.
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.
Effective excise rate for ship-breaking materials limited where corresponding customs duties are paid on import.
Exemption caps excise on goods and materials obtained by breaking up ships, boats and floating structures by limiting excise liability to an effective per-tonne rate; this limitation applies only where the goods fall within the relevant tariff classifications and where specified customs duty and the additional duty at the stated rate have been paid on importation, with separate customs-duty conditions depending on whether importation took place before or on/after the operative date.
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