Auxiliary duty exemption suspends auxiliary customs duty on First Schedule goods for a limited government-declared period. The Central Government, invoking powers under the Customs Act and the Finance Act, exempts all goods specified in the First Schedule to the Customs Tariff Act from the whole of the auxiliary duty of customs leviable under the cited Finance Act provision for the defined commencement-to-termination period specified in the notification.
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Provisions expressly mentioned in the judgment/order text.
Auxiliary duty exemption suspends auxiliary customs duty on First Schedule goods for a limited government-declared period.
The Central Government, invoking powers under the Customs Act and the Finance Act, exempts all goods specified in the First Schedule to the Customs Tariff Act from the whole of the auxiliary duty of customs leviable under the cited Finance Act provision for the defined commencement-to-termination period specified in the notification.
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