Customs duty exemption reduces payable duty to prescribed ad valorem rates for specified machinery tariff headings on imports. Exemption restricts customs duty on specified imports to the ad valorem rates stated in the notification by relieving goods under certain First Schedule sub-headings from duty in excess of the amount calculated at those rates; it covers sub-headings 8427.10 and 8427.20 at 55% ad valorem and sub-heading 8442.50 at 35% ad valorem for imports into India.
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 duty exemption reduces payable duty to prescribed ad valorem rates for specified machinery tariff headings on imports.
Exemption restricts customs duty on specified imports to the ad valorem rates stated in the notification by relieving goods under certain First Schedule sub-headings from duty in excess of the amount calculated at those rates; it covers sub-headings 8427.10 and 8427.20 at 55% ad valorem and sub-heading 8442.50 at 35% ad valorem for imports into India.
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