Basic customs duty cap on certain measurement and optical instruments limits import duty to a fixed ad valorem rate. The Central Government exempts specified instruments under listed Chapter 90 headings from that portion of basic customs duty in excess of an amount calculated at a rate of 60% ad valorem on import; the exemption applies to goods described in the annexed table and supersedes an earlier notification, thereby capping the effective basic duty for the listed instruments.
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Provisions expressly mentioned in the judgment/order text.
Basic customs duty cap on certain measurement and optical instruments limits import duty to a fixed ad valorem rate.
The Central Government exempts specified instruments under listed Chapter 90 headings from that portion of basic customs duty in excess of an amount calculated at a rate of 60% ad valorem on import; the exemption applies to goods described in the annexed table and supersedes an earlier notification, thereby capping the effective basic duty for the listed instruments.
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