Customs exemption caps duty on imported Calcutta Metro project goods to a specified ad valorem rate. Goods classified under the specified tariff heading imported for the Calcutta Metro Railway Project are exempted from that portion of customs duty which exceeds the amount calculated at a capped ad valorem rate, providing a project specific limitation on duty payable at importation.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption caps duty on imported Calcutta Metro project goods to a specified ad valorem rate.
Goods classified under the specified tariff heading imported for the Calcutta Metro Railway Project are exempted from that portion of customs duty which exceeds the amount calculated at a capped ad valorem rate, providing a project specific limitation on duty payable at importation.
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