Effective customs duty caps for wool imports limit payable duty to prescribed ad valorem rates under tariff headings. Exempts specified wool imports from customs duty to the extent such duty exceeds amounts calculated at prescribed ad valorem rates, by capping basic duty for three categories: combed wool (excluding wool tops), wool lops, and all other goods within the stated wool tariff range, each charged at the corresponding effective ad valorem rate set out in the notification.
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.
Effective customs duty caps for wool imports limit payable duty to prescribed ad valorem rates under tariff headings.
Exempts specified wool imports from customs duty to the extent such duty exceeds amounts calculated at prescribed ad valorem rates, by capping basic duty for three categories: combed wool (excluding wool tops), wool lops, and all other goods within the stated wool tariff range, each charged at the corresponding effective ad valorem rate set out in the notification.
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