Customs exemption for copper wire rods where exporters of corresponding copper concentrates meet proof, timing and non duplication conditions. Exemption for customs duty on copper wire rods where the importer exported a corresponding quantity of copper concentrates for toll smelting; duty in excess of the amount calculated at the rate of thirty per cent ad valorem is waived, subject to proof of export, import within three years of export, and no prior claim for the same exported quantity; corresponding quantity defined as 1.042 tonnes of copper metal in concentrates per tonne of copper wire rods.
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 exemption for copper wire rods where exporters of corresponding copper concentrates meet proof, timing and non duplication conditions.
Exemption for customs duty on copper wire rods where the importer exported a corresponding quantity of copper concentrates for toll smelting; duty in excess of the amount calculated at the rate of thirty per cent ad valorem is waived, subject to proof of export, import within three years of export, and no prior claim for the same exported quantity; corresponding quantity defined as 1.042 tonnes of copper metal in concentrates per tonne of copper wire rods.
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