Customs exemption for specified cotton textiles removes excess basic duty and the additional duty under section three on import. The Central Government exempts specified cotton textile imports, identified by tariff headings and sub headings, from that portion of basic customs duty exceeding 25% ad valorem and from the whole of the additional duty leviable under section 3 of the Customs Tariff Act when imported into India; the relief applies only to cotton yarn, cotton terry towel fabrics, and cotton terry towels as listed in the annexed Table.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption for specified cotton textiles removes excess basic duty and the additional duty under section three on import.
The Central Government exempts specified cotton textile imports, identified by tariff headings and sub headings, from that portion of basic customs duty exceeding 25% ad valorem and from the whole of the additional duty leviable under section 3 of the Customs Tariff Act when imported into India; the relief applies only to cotton yarn, cotton terry towel fabrics, and cotton terry towels as listed in the annexed Table.
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