Customs exemption limits duty on specified pharmaceutical inputs to a capped ad valorem rate when imported. The Central Government exempts goods listed in the annexed Table, falling under Chapters 28, 29, 30 or 39 of the First Schedule to the Customs Tariff Act, from so much of the customs duty leviable thereon as exceeds the amount calculated at the specified ad valorem rate, thereby capping duty on those specified chemical intermediates and related compounds when imported for use in pharmaceutical manufacture.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs exemption limits duty on specified pharmaceutical inputs to a capped ad valorem rate when imported.
The Central Government exempts goods listed in the annexed Table, falling under Chapters 28, 29, 30 or 39 of the First Schedule to the Customs Tariff Act, from so much of the customs duty leviable thereon as exceeds the amount calculated at the specified ad valorem rate, thereby capping duty on those specified chemical intermediates and related compounds when imported for use in pharmaceutical manufacture.
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