Customs exemption for catalysts from recovered precious metals limits duty to production and transport costs, subject to conditions. Exemption applies to catalysts of platinum, palladium or silver produced from exported metal or metal recovered from exported spent catalyst; duty is limited to the amount payable if value equals production or processing costs (labour charges, cost of materials excluding the exported metal, other production charges) plus insurance and freight both ways, subject to import within two years of export, no drawback claimed or paid on the export, and sufficient evidence that the catalysts were produced from the exported metal.
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 exemption for catalysts from recovered precious metals limits duty to production and transport costs, subject to conditions.
Exemption applies to catalysts of platinum, palladium or silver produced from exported metal or metal recovered from exported spent catalyst; duty is limited to the amount payable if value equals production or processing costs (labour charges, cost of materials excluding the exported metal, other production charges) plus insurance and freight both ways, subject to import within two years of export, no drawback claimed or paid on the export, and sufficient evidence that the catalysts were produced from the exported metal.
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