Partial exemption from auxiliary duty in excess of 5% ad valorem on certain goods which are either partially or wholly exempt from basic customs duty - 192/92 - Customs -Tariff
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Partial exemption from auxiliary customs duty limits payable duty to five percent ad valorem on specified exempt goods. Exemption limits auxiliary customs duty on goods already partially or wholly exempt from basic customs duty so that only the portion up to 5% ad valorem of value (as determined under section 14 of the Customs Act) is chargeable; any auxiliary duty in excess of that 5% is exempted. The exemption applies only to goods listed in the Schedule of antecedent customs notifications and remains subject to the conditions attached to those original notifications. The measure is issued under section 25 of the Customs Act read with section 111(4) of the Finance Act, 1992.
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.
Partial exemption from auxiliary customs duty limits payable duty to five percent ad valorem on specified exempt goods.
Exemption limits auxiliary customs duty on goods already partially or wholly exempt from basic customs duty so that only the portion up to 5% ad valorem of value (as determined under section 14 of the Customs Act) is chargeable; any auxiliary duty in excess of that 5% is exempted. The exemption applies only to goods listed in the Schedule of antecedent customs notifications and remains subject to the conditions attached to those original notifications. The measure is issued under section 25 of the Customs Act read with section 111(4) of the Finance Act, 1992.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.