Customs exemption for ships imported for breaking caps collectible duty to a prescribed minimum under the Customs Tariff framework. Exemption from customs duty is granted for ships imported for the purpose of breaking, limiting the collectible ad valorem duty on those tariff-classified vessels to a prescribed baseline by removing the portion of duty in excess of that baseline, implemented through a central government notification under its statutory powers.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption for ships imported for breaking caps collectible duty to a prescribed minimum under the Customs Tariff framework.
Exemption from customs duty is granted for ships imported for the purpose of breaking, limiting the collectible ad valorem duty on those tariff-classified vessels to a prescribed baseline by removing the portion of duty in excess of that baseline, implemented through a central government notification under its statutory powers.
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