Customs duty exemption caps import duties on soap and washing products, reducing excess customs levies under tariff rules. Notification grants a limited customs duty exemption for imports of soap and washing preparations under the listed Chapter 34 tariff subheadings by exempting duty in excess of amounts calculated at specified ad valorem rates where the standard rate applies and at lower specified ad valorem rates where the preferential rate applies, thereby capping the effective customs levy on those goods.
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Customs duty exemption caps import duties on soap and washing products, reducing excess customs levies under tariff rules.
Notification grants a limited customs duty exemption for imports of soap and washing preparations under the listed Chapter 34 tariff subheadings by exempting duty in excess of amounts calculated at specified ad valorem rates where the standard rate applies and at lower specified ad valorem rates where the preferential rate applies, thereby capping the effective customs levy on those goods.
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