Effective customs duty rates redefine applicable ad valorem charges for specified chapter goods imports under an exemption notification. Central Government exempts specified Chapter 4 goods from that portion of customs duty in excess of amounts calculated at the prescribed ad valorem rates in the annexed table, substituting effective duty rates for the First Schedule tariff entries on import. The table identifies headings and subheadings and assigns effective ad valorem rates to groups of goods, including a general forty percent rate, specified nil rated dairy subheadings, and a ten percent rate for dried milk powder with limited fat content.
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Provisions expressly mentioned in the judgment/order text.
Effective customs duty rates redefine applicable ad valorem charges for specified chapter goods imports under an exemption notification.
Central Government exempts specified Chapter 4 goods from that portion of customs duty in excess of amounts calculated at the prescribed ad valorem rates in the annexed table, substituting effective duty rates for the First Schedule tariff entries on import. The table identifies headings and subheadings and assigns effective ad valorem rates to groups of goods, including a general forty percent rate, specified nil rated dairy subheadings, and a ten percent rate for dried milk powder with limited fat content.
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