Prescribes partial exemption from auxiliary duty in excess of 5% on certain goods which are partially exempt from basic duty by notification. - 142/90 - Customs -Tariff
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Auxiliary duty exemption caps excess levy on goods partially exempt from basic customs duty under specified notifications. Exempts from that part of the auxiliary duty of customs which exceeds the amount calculated at five per cent of value, goods that are partially or wholly exempt from basic customs duty by the notifications listed in the Schedule; exemption exercised under statutory powers and subject to the conditions attaching to those underlying notifications, with value for computation determined under the existing Customs Tariff valuation provisions.
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.
Auxiliary duty exemption caps excess levy on goods partially exempt from basic customs duty under specified notifications.
Exempts from that part of the auxiliary duty of customs which exceeds the amount calculated at five per cent of value, goods that are partially or wholly exempt from basic customs duty by the notifications listed in the Schedule; exemption exercised under statutory powers and subject to the conditions attaching to those underlying notifications, with value for computation determined under the existing Customs Tariff valuation provisions.
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