Auxiliary duty exemption caps customs levy on imported aircraft simulator components to the aircraft component parts duty rate. Exempts imported component parts of aeroplane and other aircraft simulators falling within Chapter 88 from that portion of auxiliary customs duty which exceeds the amount calculated at the rate leviable on component parts of aeroplanes or other aircraft under the Finance Act and any relevant notification in force, superseding the earlier March 1991 notification.
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Provisions expressly mentioned in the judgment/order text.
Auxiliary duty exemption caps customs levy on imported aircraft simulator components to the aircraft component parts duty rate.
Exempts imported component parts of aeroplane and other aircraft simulators falling within Chapter 88 from that portion of auxiliary customs duty which exceeds the amount calculated at the rate leviable on component parts of aeroplanes or other aircraft under the Finance Act and any relevant notification in force, superseding the earlier March 1991 notification.
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