Auxiliary duty exemption for specified imports limits additional customs levy beyond the prescribed percentage of assessed value. Exemption is granted for specified imported goods listed in the annexed Table by exempting those goods from that portion of the auxiliary duty which exceeds the amount calculated at the rate of 25 per cent of value as determined under the Customs valuation provisions; the exemption is exercised under section 25 of the Customs Act read with the Finance Bill provision and taken in the public interest.
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.
Auxiliary duty exemption for specified imports limits additional customs levy beyond the prescribed percentage of assessed value.
Exemption is granted for specified imported goods listed in the annexed Table by exempting those goods from that portion of the auxiliary duty which exceeds the amount calculated at the rate of 25 per cent of value as determined under the Customs valuation provisions; the exemption is exercised under section 25 of the Customs Act read with the Finance Bill provision and taken in the public interest.
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