Customs exemption caps duty on imported photo polymer printing plates to a fixed ad valorem rate for printing industry. The Central Government exempts photo polymer (relief image) plates imported for use in the printing industry from so much of the customs duty as exceeds the amount calculated at a capped ad valorem rate, thereby limiting customs liability on such imports; the exemption is temporal and confined to imports of the specified plates for printing use.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption caps duty on imported photo polymer printing plates to a fixed ad valorem rate for printing industry.
The Central Government exempts photo polymer (relief image) plates imported for use in the printing industry from so much of the customs duty as exceeds the amount calculated at a capped ad valorem rate, thereby limiting customs liability on such imports; the exemption is temporal and confined to imports of the specified plates for printing use.
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