Basic customs duty cap for Chapter 23 imports limits duty to a prescribed ad valorem rate at importation. The Central Government, exercising its statutory exemption power, exempts goods under headings 23.01 to 23.09 from any customs duty in excess of the amount calculated at the prescribed ad valorem rate, applying that uniform rate to all goods listed under those Chapter 23 headings at importation.
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Provisions expressly mentioned in the judgment/order text.
Basic customs duty cap for Chapter 23 imports limits duty to a prescribed ad valorem rate at importation.
The Central Government, exercising its statutory exemption power, exempts goods under headings 23.01 to 23.09 from any customs duty in excess of the amount calculated at the prescribed ad valorem rate, applying that uniform rate to all goods listed under those Chapter 23 headings at importation.
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