Customs exemption for tanning extracts limits payable duty to specified standard and preferential ad valorem rates on importation. Exemption is granted for tanning extracts and related goods classified under the applicable tariff subheading when imported, by exempting from customs duty that portion exceeding amounts calculated at specified ad valorem rates; the exemption caps payable duty at different prescribed ad valorem rates depending on whether the standard or a preferential rate applies.
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 exemption for tanning extracts limits payable duty to specified standard and preferential ad valorem rates on importation.
Exemption is granted for tanning extracts and related goods classified under the applicable tariff subheading when imported, by exempting from customs duty that portion exceeding amounts calculated at specified ad valorem rates; the exemption caps payable duty at different prescribed ad valorem rates depending on whether the standard or a preferential rate applies.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.