Customs duty exemption for imported oleopine resin limits duty to a capped ad valorem rate and waives additional duty. Oleopine resin under sub heading 1301.90, when imported, is exempted so that customs duty is limited to an ad valorem rate of thirty percent and any excess duty is waived; additionally, the whole of the additional duty under the Customs Tariff Act is removed. The exemption is granted under the exercise of executive powers in the Customs Act for public interest duty relief on the specified tariff item.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for imported oleopine resin limits duty to a capped ad valorem rate and waives additional duty.
Oleopine resin under sub heading 1301.90, when imported, is exempted so that customs duty is limited to an ad valorem rate of thirty percent and any excess duty is waived; additionally, the whole of the additional duty under the Customs Tariff Act is removed. The exemption is granted under the exercise of executive powers in the Customs Act for public interest duty relief on the specified tariff item.
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