Customs duty exemption for seed-sector machinery allows reduced tariff and waiver of additional duty subject to certification. Provides a targeted customs duty exemption for specified machinery and equipment imported for use in the seed development sector, exempting tariff duty in excess of an ad valorem rate of 35% and waiving the entire additional duty, subject to the condition that importers produce at clearance a government certificate confirming the quantity required for the stated seed-sector purpose.
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 duty exemption for seed-sector machinery allows reduced tariff and waiver of additional duty subject to certification.
Provides a targeted customs duty exemption for specified machinery and equipment imported for use in the seed development sector, exempting tariff duty in excess of an ad valorem rate of 35% and waiving the entire additional duty, subject to the condition that importers produce at clearance a government certificate confirming the quantity required for the stated seed-sector purpose.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.