Customs duty exemption caps for specified chemical tariff subheadings restrict payable duty on imports under notification. Exempts specified chemical products under listed Chapter 38 tariff sub headings from customs duty in excess of capped ad valorem amounts by limiting payable duty to amounts calculated at the prescribed standard or preferential ad valorem rates set forth in the Table, with the applicable cap determined by whether the standard or preferential rate is leviable.
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 caps for specified chemical tariff subheadings restrict payable duty on imports under notification.
Exempts specified chemical products under listed Chapter 38 tariff sub headings from customs duty in excess of capped ad valorem amounts by limiting payable duty to amounts calculated at the prescribed standard or preferential ad valorem rates set forth in the Table, with the applicable cap determined by whether the standard or preferential rate is leviable.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
