Customs duty exemption limits duty on specified Chapter 26 imports by prescribing fixed effective ad valorem rates for relief. The Central Government exempts goods specified by heading or sub heading in Chapter 26 from that portion of customs duty exceeding the amount calculated at the prescribed effective ad valorem rate. The exemption applies only to the listed tariff entries and substitutes the specified effective rate for the higher duty otherwise leviable on importation; particular product exceptions for certain headings are noted in the Table.
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 limits duty on specified Chapter 26 imports by prescribing fixed effective ad valorem rates for relief.
The Central Government exempts goods specified by heading or sub heading in Chapter 26 from that portion of customs duty exceeding the amount calculated at the prescribed effective ad valorem rate. The exemption applies only to the listed tariff entries and substitutes the specified effective rate for the higher duty otherwise leviable on importation; particular product exceptions for certain headings are noted in the Table.
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