Customs duty exemption caps ad valorem liability on specified electrical imports, limiting duty to a prescribed rate. The Central Government exempts specified electrical and electronic goods in certain Chapter 85 sub headings from customs duty insofar as the duty exceeds the amount calculated at a capped ad valorem rate on importation, thereby limiting customs liability to the amount calculable at that ad valorem rate.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption caps ad valorem liability on specified electrical imports, limiting duty to a prescribed rate.
The Central Government exempts specified electrical and electronic goods in certain Chapter 85 sub headings from customs duty insofar as the duty exceeds the amount calculated at a capped ad valorem rate on importation, thereby limiting customs liability to the amount calculable at that ad valorem rate.
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