Customs duty exemption caps imports under Chapter three at a specified ad valorem rate, limiting excess duty liability. Exempts imports classifiable under Chapter three from customs duty in excess of an amount computed at a specified ad valorem rate by prescribing an effective basic duty rate for the listed headings; the notification limits duty chargeable on goods described as 'all goods' under those headings by exempting the portion of duty exceeding the amount calculated at the prescribed ad valorem rate.
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.
Customs duty exemption caps imports under Chapter three at a specified ad valorem rate, limiting excess duty liability.
Exempts imports classifiable under Chapter three from customs duty in excess of an amount computed at a specified ad valorem rate by prescribing an effective basic duty rate for the listed headings; the notification limits duty chargeable on goods described as "all goods" under those headings by exempting the portion of duty exceeding the amount calculated at the prescribed ad valorem rate.
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