Effective customs duty rates capped for specified machinery imports, prescribing reduced ad valorem rates on designated goods. The Central Government exempts specified imported goods of Chapter 84 from customs duty in excess of amounts computed at prescribed effective ad valorem rates: a 35% effective ad valorem rate applies to the detailed list of designated machinery and to all goods under the heading corresponding to 84.66, and a 45% effective ad valorem rate applies to other goods under the related heading series corresponding to 84.56-84.65; the exemption limits duty to the amount calculated at the specified rates.
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Provisions expressly mentioned in the judgment/order text.
Effective customs duty rates capped for specified machinery imports, prescribing reduced ad valorem rates on designated goods.
The Central Government exempts specified imported goods of Chapter 84 from customs duty in excess of amounts computed at prescribed effective ad valorem rates: a 35% effective ad valorem rate applies to the detailed list of designated machinery and to all goods under the heading corresponding to 84.66, and a 45% effective ad valorem rate applies to other goods under the related heading series corresponding to 84.56-84.65; the exemption limits duty to the amount calculated at the specified rates.
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