Customs exemption for helicopters limits leviable duty to amounts above a specified ad valorem rate on imported helicopter items. The Central Government, invoking section 25(1) of the Customs Act, exempts helicopters and specified helicopter components and rubber tyres and tubes (First Schedule tariff items) from so much of the customs duty as exceeds the amount calculated at the rate of 3% ad valorem, when imported for exclusive use on helicopters into India.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption for helicopters limits leviable duty to amounts above a specified ad valorem rate on imported helicopter items.
The Central Government, invoking section 25(1) of the Customs Act, exempts helicopters and specified helicopter components and rubber tyres and tubes (First Schedule tariff items) from so much of the customs duty as exceeds the amount calculated at the rate of 3% ad valorem, when imported for exclusive use on helicopters into India.
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