Customs duty exemption caps effective duty on specified natural fibres and textile wastes at prescribed ad valorem rates. The Central Government exempts specified imported natural fibres and textile wastes from customs duty to the extent the duty exceeds amounts computed at prescribed ad valorem rates, thereby capping effective duty for listed tariff items. The notification lists fine animal hair (carded or combed) at 40% ad valorem; cotton waste (including yarn waste and garnetted stock) at 25% ad valorem; cotton fabrics at 50% ad valorem; jute waste (including yarn waste and garnetted stock) at 25% ad valorem; and flax, ramie, sisal and manila hemp fibres at 45% ad valorem.
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 caps effective duty on specified natural fibres and textile wastes at prescribed ad valorem rates.
The Central Government exempts specified imported natural fibres and textile wastes from customs duty to the extent the duty exceeds amounts computed at prescribed ad valorem rates, thereby capping effective duty for listed tariff items. The notification lists fine animal hair (carded or combed) at 40% ad valorem; cotton waste (including yarn waste and garnetted stock) at 25% ad valorem; cotton fabrics at 50% ad valorem; jute waste (including yarn waste and garnetted stock) at 25% ad valorem; and flax, ramie, sisal and manila hemp fibres at 45% ad valorem.
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