Customs duty exemption limits impose reduced duty rates for specified organic chemicals on importation under notification. The Central Government exempts specified organic chemicals from customs duty insofar as any duty under the Customs Tariff Act exceeds the reduced rates set out in the notification's Table. The Table links Chapter/heading classifications and chemical descriptions to prescribed duty formulas, including ad valorem rates, ad valorem plus specific per kilogram charges, and specific per kilogram rates, thereby capping the customs duty payable on importation of each listed item.
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 limits impose reduced duty rates for specified organic chemicals on importation under notification.
The Central Government exempts specified organic chemicals from customs duty insofar as any duty under the Customs Tariff Act exceeds the reduced rates set out in the notification's Table. The Table links Chapter/heading classifications and chemical descriptions to prescribed duty formulas, including ad valorem rates, ad valorem plus specific per kilogram charges, and specific per kilogram rates, thereby capping the customs duty payable on importation of each listed item.
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