Partial exemption from auxiliary customs duty limits additional duty on specified imports to a statutory ad valorem threshold. Partial exemption from auxiliary duty of customs is granted for specified imported goods so that auxiliary duty leviable under the Finance Act shall not be imposed to the extent it exceeds an ad valorem threshold of five per cent of value as determined under the Customs Act; the exemption applies to the goods listed by chapter and description in the annexed Table and includes an explanatory proviso narrowing the definition of lubricating oil for the notification's purposes.
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 exemption from auxiliary customs duty limits additional duty on specified imports to a statutory ad valorem threshold.
Partial exemption from auxiliary duty of customs is granted for specified imported goods so that auxiliary duty leviable under the Finance Act shall not be imposed to the extent it exceeds an ad valorem threshold of five per cent of value as determined under the Customs Act; the exemption applies to the goods listed by chapter and description in the annexed Table and includes an explanatory proviso narrowing the definition of lubricating oil for the notification's purposes.
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