Customs duty cap for nickel oxide sinter limits effective import duty to a prescribed ad valorem rate. The Central Government, exercising statutory power to exempt, supersedes an earlier notification and limits the effective customs duty on imported nickel oxide sinter. The notification exempts from duty that portion of the scheduled customs charge which exceeds an amount calculated at a prescribed ad valorem rate, and applies to goods falling within Chapter 75 of the First Schedule to the Customs Tariff Act.
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Provisions expressly mentioned in the judgment/order text.
Customs duty cap for nickel oxide sinter limits effective import duty to a prescribed ad valorem rate.
The Central Government, exercising statutory power to exempt, supersedes an earlier notification and limits the effective customs duty on imported nickel oxide sinter. The notification exempts from duty that portion of the scheduled customs charge which exceeds an amount calculated at a prescribed ad valorem rate, and applies to goods falling within Chapter 75 of the First Schedule to the Customs Tariff Act.
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