Effective duty rates on ball and roller bearings set via specified ad valorem and specific duties affecting customs liability. The Central Government, under the Customs Act, 1962, notifies exemption of that portion of customs duty in excess of amounts calculated at rates specified in an annexed Table for goods under heading 84.82. The Table prescribes effective basic duty rates for ball and roller bearings and their parts, applying headline ad valorem rates for general categories, specific per bearing duties for certain bearings by bore diameter, and combined specific-plus-ad valorem or separate ad valorem rates for other bearings and parts according to net weight or part relationship.
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Provisions expressly mentioned in the judgment/order text.
Effective duty rates on ball and roller bearings set via specified ad valorem and specific duties affecting customs liability.
The Central Government, under the Customs Act, 1962, notifies exemption of that portion of customs duty in excess of amounts calculated at rates specified in an annexed Table for goods under heading 84.82. The Table prescribes effective basic duty rates for ball and roller bearings and their parts, applying headline ad valorem rates for general categories, specific per bearing duties for certain bearings by bore diameter, and combined specific-plus-ad valorem or separate ad valorem rates for other bearings and parts according to net weight or part relationship.
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