Customs exemption rates for specified polycarbonates and related polymers capped to limit duty liability on import. The Central Government exempts specified goods under Chapter 39 from basic customs duty in excess of the amount computed at the rates specified in the notification's Table, thereby capping duty liability for listed polymeric products. The Table lists polyphenylene oxide (including chemically modified forms), polyacetals, and polycarbonates and prescribes an ad valorem rate for each as the benchmark for the exemption; a proviso preserves any existing exemptions under other notifications.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption rates for specified polycarbonates and related polymers capped to limit duty liability on import.
The Central Government exempts specified goods under Chapter 39 from basic customs duty in excess of the amount computed at the rates specified in the notification's Table, thereby capping duty liability for listed polymeric products. The Table lists polyphenylene oxide (including chemically modified forms), polyacetals, and polycarbonates and prescribes an ad valorem rate for each as the benchmark for the exemption; a proviso preserves any existing exemptions under other notifications.
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