Partial exemption from auxiliary customs duty for specified imported goods, exempting duty beyond the statutory ad valorem threshold. The Central Government exempts specified imported goods listed by chapter in the annexed Table from that portion of auxiliary customs duty which exceeds the statutory ad valorem threshold, applying to identified agricultural products, raw materials, concentrates, scrap, specified machinery and timber; the exemption is made under powers in the Customs Act and the Finance Act and supersedes an earlier notification, with an explanatory definition limiting the scope of lubricating oil.
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Provisions expressly mentioned in the judgment/order text.
Partial exemption from auxiliary customs duty for specified imported goods, exempting duty beyond the statutory ad valorem threshold.
The Central Government exempts specified imported goods listed by chapter in the annexed Table from that portion of auxiliary customs duty which exceeds the statutory ad valorem threshold, applying to identified agricultural products, raw materials, concentrates, scrap, specified machinery and timber; the exemption is made under powers in the Customs Act and the Finance Act and supersedes an earlier notification, with an explanatory definition limiting the scope of lubricating oil.
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