Customs exemption rates for Chapter fifty-three fibres set differential import duty ceilings by product category, affecting jute imports. The Central Government, invoking its statutory power, exempts goods under Chapter 53 on import into India from customs duty in excess of specified ad valorem rates: raw jute is exempt beyond a nil ceiling; jute waste (including yarn waste and garnetted stock) is exempt beyond a lower ad valorem ceiling; and all other Chapter 53 goods (excluding the first two categories) are exempt beyond a higher ad valorem ceiling, as set out against corresponding tariff headings in the First Schedule to the Customs Tariff Act.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption rates for Chapter fifty-three fibres set differential import duty ceilings by product category, affecting jute imports.
The Central Government, invoking its statutory power, exempts goods under Chapter 53 on import into India from customs duty in excess of specified ad valorem rates: raw jute is exempt beyond a nil ceiling; jute waste (including yarn waste and garnetted stock) is exempt beyond a lower ad valorem ceiling; and all other Chapter 53 goods (excluding the first two categories) are exempt beyond a higher ad valorem ceiling, as set out against corresponding tariff headings in the First Schedule to the Customs Tariff Act.
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