Customs effective rates cap import duty by exempting the portion exceeding prescribed standard or preferential ad valorem rates. The Central Government prescribes effective rates of customs duty for specified goods under Chapters 32, 35 and 38 by exempting the portion of scheduled duty in excess of the rates set in the Table, with separate columns for standard and preferential ad valorem rates, thereby capping the duty chargeable on importation for each listed tariff entry.
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 rates cap import duty by exempting the portion exceeding prescribed standard or preferential ad valorem rates.
The Central Government prescribes effective rates of customs duty for specified goods under Chapters 32, 35 and 38 by exempting the portion of scheduled duty in excess of the rates set in the Table, with separate columns for standard and preferential ad valorem rates, thereby capping the duty chargeable on importation for each listed tariff entry.
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