Customs duty cap limits excess tariff on specified imported goods to a prescribed ad valorem rate via exemption. An administrative notification exempts goods under sub heading 8473.30 from that portion of the basic customs duty specified in the tariff which exceeds the amount calculated at a stated ad valorem rate, thereby capping the duty payable on import at that ad valorem rate while leaving other customs obligations and tariff entries intact.
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 cap limits excess tariff on specified imported goods to a prescribed ad valorem rate via exemption.
An administrative notification exempts goods under sub heading 8473.30 from that portion of the basic customs duty specified in the tariff which exceeds the amount calculated at a stated ad valorem rate, thereby capping the duty payable on import at that ad valorem rate while leaving other customs obligations and tariff entries intact.
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