Customs duty cap on imported woollen and synthetic rags limits payable duty to a specified ad valorem rate. Woollen rags and synthetic rags within the tariff classification for rags are exempted on import from customs duty to the extent that duty exceeds an ad valorem ceiling; the measure limits payable customs duty on those imports to an ad valorem rate of thirty per cent so that any excess duty specified in the tariff schedule is disapplied.
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Customs duty cap on imported woollen and synthetic rags limits payable duty to a specified ad valorem rate.
Woollen rags and synthetic rags within the tariff classification for rags are exempted on import from customs duty to the extent that duty exceeds an ad valorem ceiling; the measure limits payable customs duty on those imports to an ad valorem rate of thirty per cent so that any excess duty specified in the tariff schedule is disapplied.
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