Customs duty exemption for outboard motors: State Fisheries Corporation imports qualify for reduced ad valorem rate, relief on additional duty. Exemption applies to outboard motors under Heading 84.07 imported by any State Fisheries Corporation for fitment to fishing boats; the basic customs duty is exempted to the extent it exceeds the amount calculated at the rate of 25 per cent ad valorem, and the whole of the additional duty under section 3 of the Customs Tariff Act is also exempted.
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 exemption for outboard motors: State Fisheries Corporation imports qualify for reduced ad valorem rate, relief on additional duty.
Exemption applies to outboard motors under Heading 84.07 imported by any State Fisheries Corporation for fitment to fishing boats; the basic customs duty is exempted to the extent it exceeds the amount calculated at the rate of 25 per cent ad valorem, and the whole of the additional duty under section 3 of the Customs Tariff Act is also exempted.
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