Customs duty exemption on specified Chapter 85 imports limits duty liability on listed goods to a capped ad valorem rate. The Central Government exempts specified Chapter 85 goods, as listed by tariff heading, from so much of the customs duty leviable on import as exceeds an amount calculated at a capped ad valorem rate; the exemption applies solely to the excess over that capped rate and covers all goods within the specified headings.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption on specified Chapter 85 imports limits duty liability on listed goods to a capped ad valorem rate.
The Central Government exempts specified Chapter 85 goods, as listed by tariff heading, from so much of the customs duty leviable on import as exceeds an amount calculated at a capped ad valorem rate; the exemption applies solely to the excess over that capped rate and covers all goods within the specified headings.
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