Customs duty exemption for specified pharmaceuticals limits payable duty to an ad valorem ceiling to facilitate importation. The Central Government, invoking statutory exemption power under the Customs Act, exempts imports of the drugs listed in the annexed table from customs duty in excess of a prescribed ad valorem ceiling, stating the exemption is taken in the public interest and limited to the enumerated pharmaceuticals.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for specified pharmaceuticals limits payable duty to an ad valorem ceiling to facilitate importation.
The Central Government, invoking statutory exemption power under the Customs Act, exempts imports of the drugs listed in the annexed table from customs duty in excess of a prescribed ad valorem ceiling, stating the exemption is taken in the public interest and limited to the enumerated pharmaceuticals.
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