Customs duty cap on specified agricultural chemicals limits customs duty excess on imports under notification. Exempts specified agricultural chemicals from so much of the customs duty under the First Schedule to the Customs Tariff Act as is in excess of 15% ad valorem, by exercising powers under the Customs Act; the listed goods include Ovaprim (GnRH analogue with Domperidone), Dipping Oil, and Paclobutrazol (Cultar) classified in the relevant tariff chapters, thereby capping the effective import duty on those items at the stated ad valorem rate.
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Customs duty cap on specified agricultural chemicals limits customs duty excess on imports under notification.
Exempts specified agricultural chemicals from so much of the customs duty under the First Schedule to the Customs Tariff Act as is in excess of 15% ad valorem, by exercising powers under the Customs Act; the listed goods include Ovaprim (GnRH analogue with Domperidone), Dipping Oil, and Paclobutrazol (Cultar) classified in the relevant tariff chapters, thereby capping the effective import duty on those items at the stated ad valorem rate.
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