Customs duty rate cap on certain tariff-chapter imports: exemption confines liability to specified ad valorem rates for listed goods. Central Government, under section 25(1) of the Customs Act, 1962, exempts specified goods under Chapter 32 from so much of customs duty as exceeds the ad valorem rates set in the annexed Table, thereby capping effective basic duty on importation by tariff heading and by specific listed items such as gambier, tannins and their derivatives, inorganic tanning substances, optical bleaching agents, and printing ink.
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Provisions expressly mentioned in the judgment/order text.
Customs duty rate cap on certain tariff-chapter imports: exemption confines liability to specified ad valorem rates for listed goods.
Central Government, under section 25(1) of the Customs Act, 1962, exempts specified goods under Chapter 32 from so much of customs duty as exceeds the ad valorem rates set in the annexed Table, thereby capping effective basic duty on importation by tariff heading and by specific listed items such as gambier, tannins and their derivatives, inorganic tanning substances, optical bleaching agents, and printing ink.
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