Customs duty cap: excess ad valorem duty on specified electronic goods exempted above the stated rate. The Central Government, under section 25(1) of the Customs Act, 1962, exempts all goods under sub heading nos. 8517.30, 8517.40, 8517.81 and 8517.82 of the First Schedule to the Customs Tariff Act, 1975 from that portion of basic customs duty leviable thereon which exceeds 100% ad valorem, thereby capping the effective basic duty at the stated ad valorem level for those tariff classifications via a miscellaneous exemption notification.
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: excess ad valorem duty on specified electronic goods exempted above the stated rate.
The Central Government, under section 25(1) of the Customs Act, 1962, exempts all goods under sub heading nos. 8517.30, 8517.40, 8517.81 and 8517.82 of the First Schedule to the Customs Tariff Act, 1975 from that portion of basic customs duty leviable thereon which exceeds 100% ad valorem, thereby capping the effective basic duty at the stated ad valorem level for those tariff classifications via a miscellaneous exemption notification.
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