Customs exemption limits duty on Chapter 6 plant imports to a capped ad valorem rate on import into India. The Central Government exempts all goods within Chapter 6 of the Customs Tariff First Schedule, when imported into India, from so much of the leviable customs duty as exceeds the amount calculated at the rate of 10% ad valorem, exercising its power under the Customs Act to grant exemptions in the public interest.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption limits duty on Chapter 6 plant imports to a capped ad valorem rate on import into India.
The Central Government exempts all goods within Chapter 6 of the Customs Tariff First Schedule, when imported into India, from so much of the leviable customs duty as exceeds the amount calculated at the rate of 10% ad valorem, exercising its power under the Customs Act to grant exemptions in the public interest.
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