Customs duty exemption for specified electronic capital goods limits payable duty to a capped ad valorem rate on importation. Exempts specified capital goods used in the electronics industry from customs duty in excess of a 40 percent ad valorem rate and from the additional duty leviable under the applicable statute on importation. Eligibility is limited to goods listed in the Table and falling within the designated tariff chapters; entitlement depends on correspondence to the enumerated descriptions which encompass manufacturing, testing and inspection equipment for electronic components and assemblies.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for specified electronic capital goods limits payable duty to a capped ad valorem rate on importation.
Exempts specified capital goods used in the electronics industry from customs duty in excess of a 40 percent ad valorem rate and from the additional duty leviable under the applicable statute on importation. Eligibility is limited to goods listed in the Table and falling within the designated tariff chapters; entitlement depends on correspondence to the enumerated descriptions which encompass manufacturing, testing and inspection equipment for electronic components and assemblies.
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