Customs exemption caps duty on specified industrial components, limiting excess charge to a fixed ad valorem rate. Exempts specified imported goods under a tariff heading from that portion of customs duty which exceeds an amount calculated at a fixed ad valorem rate, effected under statutory powers to provide public interest tariff relief; qualifying items include refractory bricks for industrial furnaces, parts of instruments for analysis and physical measurement and testing, and parts of microtomes.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption caps duty on specified industrial components, limiting excess charge to a fixed ad valorem rate.
Exempts specified imported goods under a tariff heading from that portion of customs duty which exceeds an amount calculated at a fixed ad valorem rate, effected under statutory powers to provide public interest tariff relief; qualifying items include refractory bricks for industrial furnaces, parts of instruments for analysis and physical measurement and testing, and parts of microtomes.
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