Customs tariff exemption for fruits and nuts limits applicable ad valorem duty to specified reduced rates on imports. The Central Government exempts goods under Chapter 8 (fruits and nuts) from customs duty in excess of amounts computed at specified ad valorem rates, capping payable duty at the amount calculated at a reduced ad valorem rate when the standard rate applies and at a further reduced ad valorem rate when the 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 tariff exemption for fruits and nuts limits applicable ad valorem duty to specified reduced rates on imports.
The Central Government exempts goods under Chapter 8 (fruits and nuts) from customs duty in excess of amounts computed at specified ad valorem rates, capping payable duty at the amount calculated at a reduced ad valorem rate when the standard rate applies and at a further reduced ad valorem rate when the preferential rate applies.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.