Customs duty exemption limits payable customs duty on specified customs tariff chapter goods to a prescribed ad valorem rate. The Central Government exempts specified Chapter 5 goods from that portion of basic customs duty in excess of the amount calculated at prescribed rates; the Table sets the effective basic duty for the listed headings at 55% ad valorem, so duty beyond that ad valorem amount is not leviable on import.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption limits payable customs duty on specified customs tariff chapter goods to a prescribed ad valorem rate.
The Central Government exempts specified Chapter 5 goods from that portion of basic customs duty in excess of the amount calculated at prescribed rates; the Table sets the effective basic duty for the listed headings at 55% ad valorem, so duty beyond that ad valorem amount is not leviable on import.
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