Customs exemption limits import duty on colour television picture tubes, capping excess customs levy on imports. The Central Government exempts imports of colour television picture tubes under sub heading 8540.11 from customs duty to the extent that such duty exceeds an amount calculated at a specified ad valorem rate, thereby capping the portion of the tariff payable on those imported picture tubes.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption limits import duty on colour television picture tubes, capping excess customs levy on imports.
The Central Government exempts imports of colour television picture tubes under sub heading 8540.11 from customs duty to the extent that such duty exceeds an amount calculated at a specified ad valorem rate, thereby capping the portion of the tariff payable on those imported picture tubes.
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