Customs duty exemption for specified animal products limits collectible duty to prescribed ad valorem caps on importation. An exemption caps customs duty on imported products of animal origin under sub heading 0507.10 by disallowing any portion of the First Schedule duty that exceeds specified ad valorem rates, with one cap applying where the standard rate is leviable and a lower cap where the preferential rate is leviable, effected under the power conferred by sub section (1) of section 25 of the Customs Act.
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 for specified animal products limits collectible duty to prescribed ad valorem caps on importation.
An exemption caps customs duty on imported products of animal origin under sub heading 0507.10 by disallowing any portion of the First Schedule duty that exceeds specified ad valorem rates, with one cap applying where the standard rate is leviable and a lower cap where the preferential rate is leviable, effected under the power conferred by sub section (1) of section 25 of the Customs Act.
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