Partial auxiliary duty exemption limits excess customs levy on specified imported goods under Finance Bill provisions. Partial relief from auxiliary duty is granted for imports of specified goods by exempting so much of the auxiliary duty as exceeds the amount calculated at the rate of 30 per cent of the value of such goods as determined under section 14 of the Customs Act, exercised under section 25 and implementing a Finance Bill provision given force by the Provisional Collection of Taxes Act; the exemption applies only to goods enumerated in the annexed Table by reference to First Schedule chapters and specified headings.
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Provisions expressly mentioned in the judgment/order text.
Partial auxiliary duty exemption limits excess customs levy on specified imported goods under Finance Bill provisions.
Partial relief from auxiliary duty is granted for imports of specified goods by exempting so much of the auxiliary duty as exceeds the amount calculated at the rate of 30 per cent of the value of such goods as determined under section 14 of the Customs Act, exercised under section 25 and implementing a Finance Bill provision given force by the Provisional Collection of Taxes Act; the exemption applies only to goods enumerated in the annexed Table by reference to First Schedule chapters and specified headings.
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