Customs exemption caps duty on imported acetate filament yarn at an ad valorem rate, exempting excess charges. The government exempts imported acetate filament yarn from so much of the customs duty as exceeds an amount calculated at a specified ad valorem rate, thereby capping the payable duty on that tariff-classified yarn and relieving importers from the excess duty.
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Customs exemption caps duty on imported acetate filament yarn at an ad valorem rate, exempting excess charges.
The government exempts imported acetate filament yarn from so much of the customs duty as exceeds an amount calculated at a specified ad valorem rate, thereby capping the payable duty on that tariff-classified yarn and relieving importers from the excess duty.
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