Customs duty exemption caps customs liability for specified machinery imports to a fixed ad valorem rate, reducing excess duty. The Government exempts specified imported machinery, electrical and optical goods and related parts from customs duty in excess of an ad valorem cap of 35 per cent; a detailed list of tariff sub-headings defines eligible goods while express exclusions-parts containing electronic devices, motor-vehicle interchangeable parts, certain analytical and testing instrument parts, and microtome parts-remain outside the exemption.
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 customs liability for specified machinery imports to a fixed ad valorem rate, reducing excess duty.
The Government exempts specified imported machinery, electrical and optical goods and related parts from customs duty in excess of an ad valorem cap of 35 per cent; a detailed list of tariff sub-headings defines eligible goods while express exclusions-parts containing electronic devices, motor-vehicle interchangeable parts, certain analytical and testing instrument parts, and microtome parts-remain outside the exemption.
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