Customs duty cap limits basic duty on specified raw textile fibre imports to a fixed ad valorem rate. Caps the basic customs duty on imports of goods under the specified tariff headings by exempting any portion of the duty in the First Schedule that exceeds the amount calculated at a fixed ad valorem rate, enacted under section 25(1) of the Customs Act as a public interest exemption at importation into India.
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Provisions expressly mentioned in the judgment/order text.
Customs duty cap limits basic duty on specified raw textile fibre imports to a fixed ad valorem rate.
Caps the basic customs duty on imports of goods under the specified tariff headings by exempting any portion of the duty in the First Schedule that exceeds the amount calculated at a fixed ad valorem rate, enacted under section 25(1) of the Customs Act as a public interest exemption at importation into India.
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