Customs exemption for unwrought nickel caps payable customs duty above a prescribed per tonne rate and waives additional duty. The Central Government exempts unwrought nickel, when imported into India under the applicable tariff subheading, from customs duty to the extent the duty exceeds an amount calculated at a prescribed per tonne rate, and from the whole of the additional duty leviable under the Customs Tariff Act, thereby capping basic customs duty and waiving statutory additional duty on that import.
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 exemption for unwrought nickel caps payable customs duty above a prescribed per tonne rate and waives additional duty.
The Central Government exempts unwrought nickel, when imported into India under the applicable tariff subheading, from customs duty to the extent the duty exceeds an amount calculated at a prescribed per tonne rate, and from the whole of the additional duty leviable under the Customs Tariff Act, thereby capping basic customs duty and waiving statutory additional duty on that import.
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