Customs effective ad valorem rates cap import duties for listed goods, with specified conditional exemptions and eligibility rules. The Central Government exempts specified imported goods listed by tariff chapter, heading or sub heading from customs duty to the extent that such duty exceeds amounts calculated at the effective ad valorem rates set out in the notification's Table. The Table specifies capped percentage rates for each listed commodity and records any conditions of concessional treatment, including special eligibility for newspaper establishments, manufacturers of tea bags and UNICEF, with an explanatory definition for 'newspaper establishment.'
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 ad valorem rates cap import duties for listed goods, with specified conditional exemptions and eligibility rules.
The Central Government exempts specified imported goods listed by tariff chapter, heading or sub heading from customs duty to the extent that such duty exceeds amounts calculated at the effective ad valorem rates set out in the notification's Table. The Table specifies capped percentage rates for each listed commodity and records any conditions of concessional treatment, including special eligibility for newspaper establishments, manufacturers of tea bags and UNICEF, with an explanatory definition for "newspaper establishment."
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