Tariff rates for ball and roller bearings revised, imposing mixed ad valorem and specific duties by bore diameter or weight. Amendment replaces the tariff Table to prescribe detailed duty classifications for ball and roller bearings and their parts, distinguishing bearings by type, bore diameter or net weight and imposing mixed ad valorem and specific duties for defined size/weight bands; parts integral to specified bearing categories attract the same rate as the bearing, while other parts are subject to a uniform higher ad valorem rate, under the power of sub section (1) of section 25 of the Customs Act, 1962.
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Tariff rates for ball and roller bearings revised, imposing mixed ad valorem and specific duties by bore diameter or weight.
Amendment replaces the tariff Table to prescribe detailed duty classifications for ball and roller bearings and their parts, distinguishing bearings by type, bore diameter or net weight and imposing mixed ad valorem and specific duties for defined size/weight bands; parts integral to specified bearing categories attract the same rate as the bearing, while other parts are subject to a uniform higher ad valorem rate, under the power of sub section (1) of section 25 of the Customs Act, 1962.
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