Customs exemption for live animals caps duty above a prescribed ad valorem rate, reducing effective import liability. The Central Government exempts all goods in Chapter 1 (live animals) of the First Schedule to the Customs Tariff Act from that portion of customs duty which exceeds a specified ad valorem rate, using its power to grant exemptions in the public interest under the Customs Act and thereby capping the effective customs liability on imports of live animals.
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 for live animals caps duty above a prescribed ad valorem rate, reducing effective import liability.
The Central Government exempts all goods in Chapter 1 (live animals) of the First Schedule to the Customs Tariff Act from that portion of customs duty which exceeds a specified ad valorem rate, using its power to grant exemptions in the public interest under the Customs Act and thereby capping the effective customs liability on imports of live animals.
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