Partial exemption from auxiliary customs duty on imported cinematograph film limits duty to 45% of print cost plus freight and insurance. Partial exemption for imported exposed cinematograph film narrows the auxiliary duty base: the Government exempts duty in excess of an amount calculated at 45% of the value that comprises only the cost of the print and the freight and insurance charges incurred in respect of that print, superseding an earlier notification and relying on powers under the Customs Act and the Finance Act.
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.
Partial exemption from auxiliary customs duty on imported cinematograph film limits duty to 45% of print cost plus freight and insurance.
Partial exemption for imported exposed cinematograph film narrows the auxiliary duty base: the Government exempts duty in excess of an amount calculated at 45% of the value that comprises only the cost of the print and the freight and insurance charges incurred in respect of that print, superseding an earlier notification and relying on powers under the Customs Act and the Finance Act.
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