Concessional customs duty cap for specified veterinary formulations limits import tariffs for listed animal drugs. Concessional customs treatment is extended to a specified list of veterinary formulations by exempting the portion of duty shown in the tariff schedule that exceeds a prescribed ad valorem ceiling. The notification identifies eligible veterinary substances in a table and limits import duty liability to the stated ad valorem threshold for those named products.
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.
Concessional customs duty cap for specified veterinary formulations limits import tariffs for listed animal drugs.
Concessional customs treatment is extended to a specified list of veterinary formulations by exempting the portion of duty shown in the tariff schedule that exceeds a prescribed ad valorem ceiling. The notification identifies eligible veterinary substances in a table and limits import duty liability to the stated ad valorem threshold for those named products.
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