Customs duty exemption on nickel limits payable duty to toll processing costs plus insurance and freight, subject to conditions. Exemption from customs duty applies to nickel produced from copper reverts, spent anodes or anode slime sent out for toll smelting/processing, limiting duty to an amount not exceeding 35 per cent of the goods' value representing toll smelting/processing costs (labour, materials excluding the cost of goods sent out, and other such charges) plus insurance and freight both ways, subject to timely re importation and sufficient evidence that the nickel was obtained from the specified toll processing.
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 on nickel limits payable duty to toll processing costs plus insurance and freight, subject to conditions.
Exemption from customs duty applies to nickel produced from copper reverts, spent anodes or anode slime sent out for toll smelting/processing, limiting duty to an amount not exceeding 35 per cent of the goods' value representing toll smelting/processing costs (labour, materials excluding the cost of goods sent out, and other such charges) plus insurance and freight both ways, subject to timely re importation and sufficient evidence that the nickel was obtained from the specified toll processing.
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