Customs effective rate cap for specified machinery imports: duty limited to a fixed ad valorem rate on listed headings. Government exempts specified goods under Chapters 84, 85 and 86 from customs duty to the extent the duty exceeds an amount calculated at an effective ad valorem rate of 25% for the tariff headings listed in the Table; exclusions apply to parts containing thermionic valves, transistors, LEDs or microcircuits and to parts interchangeable with motor vehicle parts.
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 effective rate cap for specified machinery imports: duty limited to a fixed ad valorem rate on listed headings.
Government exempts specified goods under Chapters 84, 85 and 86 from customs duty to the extent the duty exceeds an amount calculated at an effective ad valorem rate of 25% for the tariff headings listed in the Table; exclusions apply to parts containing thermionic valves, transistors, LEDs or microcircuits and to parts interchangeable with motor vehicle parts.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
