Customs exemption limits ad valorem duty on imported base metal articles, reducing excess liability under statutory authority. Exemption removes customs liability on imported articles of base metal under Chapter 83 to the extent duty specified in the First Schedule to the Customs Tariff Act exceeds fifty percent ad valorem, the exemption being granted under the Customs Act in the public interest.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption limits ad valorem duty on imported base metal articles, reducing excess liability under statutory authority.
Exemption removes customs liability on imported articles of base metal under Chapter 83 to the extent duty specified in the First Schedule to the Customs Tariff Act exceeds fifty percent ad valorem, the exemption being granted under the Customs Act in the public interest.
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