Customs tariff exemption for processed copper imports limits dutiable value to toll processing costs, insurance and freight. The Central Government exempts imports of specified copper and nickel products produced from copper reverts, spent anodes or anode slime sent abroad for toll smelting or processing from that portion of customs duty in excess of an amount representing only toll processing costs (labour, materials other than the goods sent out, and related charges) and insurance and freight, subject to import within three years and sufficient evidence that the goods were produced from the toll processing abroad.
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 tariff exemption for processed copper imports limits dutiable value to toll processing costs, insurance and freight.
The Central Government exempts imports of specified copper and nickel products produced from copper reverts, spent anodes or anode slime sent abroad for toll smelting or processing from that portion of customs duty in excess of an amount representing only toll processing costs (labour, materials other than the goods sent out, and related charges) and insurance and freight, subject to import within three years and sufficient evidence that the goods were produced from the toll processing abroad.
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