Customs duty cap: specified machinery and parts subject to a capped basic duty on import. The Central Government exempts specified imports under Chapters 84 and 85 from so much of the customs duty as exceeds the amount calculated at the stated ad valorem rate, thereby capping the basic customs duty payable on those goods at the rate shown in the Table; the notification preserves other existing exemption notifications and applies to listed parts and equipment for household and auxiliary machinery.
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.
Customs duty cap: specified machinery and parts subject to a capped basic duty on import.
The Central Government exempts specified imports under Chapters 84 and 85 from so much of the customs duty as exceeds the amount calculated at the stated ad valorem rate, thereby capping the basic customs duty payable on those goods at the rate shown in the Table; the notification preserves other existing exemption notifications and applies to listed parts and equipment for household and auxiliary machinery.
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