Customs exemption for dredger parts removes both customs and additional duty on imports for repair in the public interest. The notification exempts components and parts classifiable under the customs tariff for dredgers, when imported for repair, from the entire basic customs duty charged under the customs tariff schedule and from the entire additional duty otherwise leviable under the customs tariff legislation, the exemption being exercised by executive power on grounds of public interest.
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Customs exemption for dredger parts removes both customs and additional duty on imports for repair in the public interest.
The notification exempts components and parts classifiable under the customs tariff for dredgers, when imported for repair, from the entire basic customs duty charged under the customs tariff schedule and from the entire additional duty otherwise leviable under the customs tariff legislation, the exemption being exercised by executive power on grounds of public interest.
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