Customs exemption caps duty for specified inorganic chemicals, limiting assessable customs liability on their import. The Central Government caps customs duty on specified inorganic chemicals by exempting that portion of duty above the rates set in the Table: silicon and certain bleaching agents at a 60% ad valorem cap; mercury at a 60% ad valorem cap with an exclusion for certain small-pack pharmacopoeial grades; sodium hydroxide solid at 5% ad valorem plus a fixed per-tonne amount; and sodium hydroxide in aqueous solution at 5% ad valorem plus the fixed per-tonne amount calculated on the weight of sodium hydroxide only.
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 caps duty for specified inorganic chemicals, limiting assessable customs liability on their import.
The Central Government caps customs duty on specified inorganic chemicals by exempting that portion of duty above the rates set in the Table: silicon and certain bleaching agents at a 60% ad valorem cap; mercury at a 60% ad valorem cap with an exclusion for certain small-pack pharmacopoeial grades; sodium hydroxide solid at 5% ad valorem plus a fixed per-tonne amount; and sodium hydroxide in aqueous solution at 5% ad valorem plus the fixed per-tonne amount calculated on the weight of sodium hydroxide only.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.