Customs duty cap on specified chapter imports limits payable basic duty to a prescribed ad valorem rate. The Central Government exempts goods within specified Chapter 7 tariff sub headings from that portion of basic customs duty which exceeds the amount calculated at the prescribed ad valorem rate, applying this ceiling at importation to all goods falling under each listed sub heading and preserving tariff classification under the First Schedule.
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 cap on specified chapter imports limits payable basic duty to a prescribed ad valorem rate.
The Central Government exempts goods within specified Chapter 7 tariff sub headings from that portion of basic customs duty which exceeds the amount calculated at the prescribed ad valorem rate, applying this ceiling at importation to all goods falling under each listed sub heading and preserving tariff classification under the First Schedule.
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