Customs tariff amendment revises ad valorem exemption rates and raises prescribed exemption thresholds for specified industrial goods. Notification 113/92 directs textual amendments to listed Customs exemption notifications for goods of Chapters 84, 90, 91, 93, 95, 96 and 98 by substituting revised ad valorem rates and, in one instance, increasing a monetary threshold, effectuating coordinated upward revisions to the exemption parameters under section 25(1) of the Customs Act, 1962.
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 tariff amendment revises ad valorem exemption rates and raises prescribed exemption thresholds for specified industrial goods.
Notification 113/92 directs textual amendments to listed Customs exemption notifications for goods of Chapters 84, 90, 91, 93, 95, 96 and 98 by substituting revised ad valorem rates and, in one instance, increasing a monetary threshold, effectuating coordinated upward revisions to the exemption parameters under section 25(1) of the Customs Act, 1962.
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