Duty exemption for leather machinery limits customs duty above a specified ad valorem cap and waives additional duty. Prescribes an import concession for specified machinery used in the leather processing, finishing, goods manufacturing, footwear manufacturing and apparel industries by exempting listed goods falling within relevant tariff chapters from so much of the duty of customs as exceeds an ad valorem cap and from the whole of the additional duty chargeable under the Customs Tariff Act, where such goods are imported for use in the leather industry.
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Provisions expressly mentioned in the judgment/order text.
Duty exemption for leather machinery limits customs duty above a specified ad valorem cap and waives additional duty.
Prescribes an import concession for specified machinery used in the leather processing, finishing, goods manufacturing, footwear manufacturing and apparel industries by exempting listed goods falling within relevant tariff chapters from so much of the duty of customs as exceeds an ad valorem cap and from the whole of the additional duty chargeable under the Customs Tariff Act, where such goods are imported for use in the leather industry.
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