Auxiliary duty exemption limits payable duty to portion representing toll processing, insurance and freight, subject to origin and time conditions. Exempts specified imported copper and related metal products produced from copper reverts, spent anodes or anode slime sent out of India for toll smelting or toll processing from so much of the auxiliary duty as exceeds an amount calculated at the rate of forty-five per cent of the value of the goods, that amount representing only toll smelting or toll processing costs (labour, cost of material other than the goods sent out of India, and other payable charges abroad) and insurance and freight both ways, subject to import within three years and sufficient evidence of processing origin.
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Auxiliary duty exemption limits payable duty to portion representing toll processing, insurance and freight, subject to origin and time conditions.
Exempts specified imported copper and related metal products produced from copper reverts, spent anodes or anode slime sent out of India for toll smelting or toll processing from so much of the auxiliary duty as exceeds an amount calculated at the rate of forty-five per cent of the value of the goods, that amount representing only toll smelting or toll processing costs (labour, cost of material other than the goods sent out of India, and other payable charges abroad) and insurance and freight both ways, subject to import within three years and sufficient evidence of processing origin.
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