Customs duty relief for specified footwear machinery on import grants exemptions from excess duty and additional duty. Under section 25(1) of the Customs Act, 1962, the Government exempts goods within Chapters 82, 84, 85 or 90 of the First Schedule when imported for manufacture of rubber and canvas footwear from customs duty in excess of the amount calculated at the rate of 35 per cent ad valorem and from the whole of the additional duty leviable under section 3 of the Customs Tariff Act, provided the imported items are those specified in the Notification's Table.
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Provisions expressly mentioned in the judgment/order text.
Customs duty relief for specified footwear machinery on import grants exemptions from excess duty and additional duty.
Under section 25(1) of the Customs Act, 1962, the Government exempts goods within Chapters 82, 84, 85 or 90 of the First Schedule when imported for manufacture of rubber and canvas footwear from customs duty in excess of the amount calculated at the rate of 35 per cent ad valorem and from the whole of the additional duty leviable under section 3 of the Customs Tariff Act, provided the imported items are those specified in the Notification's Table.
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