Partial auxiliary duty exemption for specified copper and precious-metal imports limits duty to toll processing, insurance and freight. Exemption from auxiliary customs duty is allowed for specified copper and certain precious metal imports produced by toll smelting or toll processing abroad, limited to that portion above forty-five per cent of value which represents only toll smelting or toll processing costs (labour, materials excluding cost of goods sent out, and other toll charges) and insurance and freight both ways. Qualification requires import within three years of sending inputs out of India and sufficient evidence that the imports were obtained from the declared toll processing.
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.
Partial auxiliary duty exemption for specified copper and precious-metal imports limits duty to toll processing, insurance and freight.
Exemption from auxiliary customs duty is allowed for specified copper and certain precious metal imports produced by toll smelting or toll processing abroad, limited to that portion above forty-five per cent of value which represents only toll smelting or toll processing costs (labour, materials excluding cost of goods sent out, and other toll charges) and insurance and freight both ways. Qualification requires import within three years of sending inputs out of India and sufficient evidence that the imports were obtained from the declared toll processing.
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