Customs duty cap on donkey stallions limits excess levy for government imports for mule breeding. Donkey stallions falling within Chapter 1, when imported into India by the Government of India or a State Government for the purpose of breeding mules, are exempted from so much of the basic customs duty specified in the First Schedule to the Customs Tariff Act as is in excess of an ad valorem rate of thirty-five percent, by exercise of the power under section 25(1) of the Customs Act, 1962, in the public interest.
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 on donkey stallions limits excess levy for government imports for mule breeding.
Donkey stallions falling within Chapter 1, when imported into India by the Government of India or a State Government for the purpose of breeding mules, are exempted from so much of the basic customs duty specified in the First Schedule to the Customs Tariff Act as is in excess of an ad valorem rate of thirty-five percent, by exercise of the power under section 25(1) of the Customs Act, 1962, in the public interest.
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 
