Customs notification amendment revises eligible semiconductor items and reduces the specified ad valorem tariff rate under exemptions. The Central Government, exercising statutory amendment authority under the Customs enactment, directs textual substitutions in two exemption notifications: the opening description is amended to include hybrid micro-circuits alongside semiconductor devices, and the stated ad valorem tariff rate in the other notification is reduced by substituting the previously specified rate with a lower percentage, thereby changing the goods covered and the applicable tariff basis under those notifications.
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 notification amendment revises eligible semiconductor items and reduces the specified ad valorem tariff rate under exemptions.
The Central Government, exercising statutory amendment authority under the Customs enactment, directs textual substitutions in two exemption notifications: the opening description is amended to include hybrid micro-circuits alongside semiconductor devices, and the stated ad valorem tariff rate in the other notification is reduced by substituting the previously specified rate with a lower percentage, thereby changing the goods covered and the applicable tariff basis under those notifications.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
