Customs duty cap on colour scanners limits excess customs liability on imports by exempting duty beyond the prescribed ad valorem rate. Colour scanners under Chapter 90 are exempted from that portion of the customs duty specified in the Schedule which exceeds a fixed ad valorem threshold, the exemption being granted under statutory authority as necessary in the public interest and operating as a tariff-specific duty cap on imports of the specified commodity.
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Customs duty cap on colour scanners limits excess customs liability on imports by exempting duty beyond the prescribed ad valorem rate.
Colour scanners under Chapter 90 are exempted from that portion of the customs duty specified in the Schedule which exceeds a fixed ad valorem threshold, the exemption being granted under statutory authority as necessary in the public interest and operating as a tariff-specific duty cap on imports of the specified commodity.
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