Customs exemption for enriched uranium: duty above a specified ad valorem rate and additional Section 3 duty waived for reactor fuel fabrication. Enriched uranium as uranium hexafluoride (UF-6) imported for fabrication into fuel elements for atomic reactors is exempted from that portion of the duty specified in the First Schedule which exceeds the amount calculated at the rate of forty per cent ad valorem and from the whole of the additional duty leviable under Section 3 of the Customs Tariff Act, 1975, when imported for the stated reactor fuel fabrication purpose.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption for enriched uranium: duty above a specified ad valorem rate and additional Section 3 duty waived for reactor fuel fabrication.
Enriched uranium as uranium hexafluoride (UF-6) imported for fabrication into fuel elements for atomic reactors is exempted from that portion of the duty specified in the First Schedule which exceeds the amount calculated at the rate of forty per cent ad valorem and from the whole of the additional duty leviable under Section 3 of the Customs Tariff Act, 1975, when imported for the stated reactor fuel fabrication purpose.
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