Customs exemption for rayon grade wood pulp limits customs duty to an ad valorem cap and exempts additional duty. Notification exempts rayon grade wood pulp under Chapter 47 from so much of the scheduled customs duty as exceeds the amount computed at the rate of 25 per cent ad valorem on import, and exempts the whole of the additional duty leviable under section 3 of the Customs Tariff Act, exercised under section 25(1) of the Customs Act as being necessary 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 exemption for rayon grade wood pulp limits customs duty to an ad valorem cap and exempts additional duty.
Notification exempts rayon grade wood pulp under Chapter 47 from so much of the scheduled customs duty as exceeds the amount computed at the rate of 25 per cent ad valorem on import, and exempts the whole of the additional duty leviable under section 3 of the Customs Tariff Act, exercised under section 25(1) of the Customs Act as being necessary 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 
