Customs duty exemption for specified newsprint machinery waives excess ad valorem duty and additional tariff. The Central Government exempts specified imported machinery for use in newsprint manufacture from basic customs duty in excess of 25 percent ad valorem and from the entire additional duty under section 3, limited to goods imported for that manufacturing purpose; identified items include continuous digesters, refiners for mechanical/chemi-mechanical pulping, and winders.
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Customs duty exemption for specified newsprint machinery waives excess ad valorem duty and additional tariff.
The Central Government exempts specified imported machinery for use in newsprint manufacture from basic customs duty in excess of 25 percent ad valorem and from the entire additional duty under section 3, limited to goods imported for that manufacturing purpose; identified items include continuous digesters, refiners for mechanical/chemi-mechanical pulping, and winders.
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