Additional duty exemption for tea imports shields imported tea and tea waste from excise-equivalent customs levy. Exemption relieves tea and tea waste imports from the portion of additional customs duty equivalent to the excise duty imposed by the Finance Act, 2003, under the executive authority to grant customs relief, thereby excluding from levy at import the amount equal to the excise-equivalent additional duty.
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Provisions expressly mentioned in the judgment/order text.
Additional duty exemption for tea imports shields imported tea and tea waste from excise-equivalent customs levy.
Exemption relieves tea and tea waste imports from the portion of additional customs duty equivalent to the excise duty imposed by the Finance Act, 2003, under the executive authority to grant customs relief, thereby excluding from levy at import the amount equal to the excise-equivalent additional duty.
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