Customs duty exemption rates set for specified 84 and 85 goods, limiting duty to stated ad valorem and specific rates. The Central Government exempts specified goods under the First Schedule to the Customs Tariff Act from customs duty to the extent that duty exceeds amounts calculated at the prescribed rates. The notification lists tariff headings from Chapters 84 and 85 and prescribes limiting duties-either ad valorem percentages or composite specific per piece plus ad valorem charges-for each listed good, thereby capping the customs duty payable on importation.
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 duty exemption rates set for specified 84 and 85 goods, limiting duty to stated ad valorem and specific rates.
The Central Government exempts specified goods under the First Schedule to the Customs Tariff Act from customs duty to the extent that duty exceeds amounts calculated at the prescribed rates. The notification lists tariff headings from Chapters 84 and 85 and prescribes limiting duties-either ad valorem percentages or composite specific per piece plus ad valorem charges-for each listed good, thereby capping the customs duty payable on importation.
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