Customs exemption limited to duty above an ad valorem threshold, validity extended under amended notification; expiry date prolonged. The amendment narrows the customs exemption so that relief applies only to the portion of duty in excess of an ad valorem benchmark rather than to the whole duty; it also substitutes the prior expiry date with a new later date, effected under the executive power in section 25(1) of the Customs Act, 1962.
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Customs exemption limited to duty above an ad valorem threshold, validity extended under amended notification; expiry date prolonged.
The amendment narrows the customs exemption so that relief applies only to the portion of duty in excess of an ad valorem benchmark rather than to the whole duty; it also substitutes the prior expiry date with a new later date, effected under the executive power in section 25(1) of the Customs Act, 1962.
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