Customs tariff exemption for specified sawn wood caps customs duty and removes additional duty for qualifying imports. Exemption applies to sawn, chipped, sliced or peeled wood exceeding the one-inch thickness threshold under the relevant tariff classification, limiting customs duty to an ad valorem cap and exempting the whole additional duty under the Customs Tariff Act; it covers wood whether planed, sanded or finger-jointed and is granted under the Customs Act as a public-interest exemption.
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 tariff exemption for specified sawn wood caps customs duty and removes additional duty for qualifying imports.
Exemption applies to sawn, chipped, sliced or peeled wood exceeding the one-inch thickness threshold under the relevant tariff classification, limiting customs duty to an ad valorem cap and exempting the whole additional duty under the Customs Tariff Act; it covers wood whether planed, sanded or finger-jointed and is granted under the Customs Act as a public-interest exemption.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
