Customs exemption caps duty on specified Chapter 26 slags, ashes and residues to prescribed import rates. The Central Government exempts specified goods under Chapter 26 from that portion of Customs duty which exceeds the rates set in the notification's Table, thereby capping effective import duty at the percentage specified for each tariff heading. The Table lists granulated slag (26.18) at 40%; slag, dross and waste from iron or steel (26.19) at 40%; ashes and residues of zinc and lead (26.20) at 85%; aluminium residues (26.20) at 50%; other residues (26.20) at 40%; and other slag and ash including kelp (26.21) at 40%.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption caps duty on specified Chapter 26 slags, ashes and residues to prescribed import rates.
The Central Government exempts specified goods under Chapter 26 from that portion of Customs duty which exceeds the rates set in the notification's Table, thereby capping effective import duty at the percentage specified for each tariff heading. The Table lists granulated slag (26.18) at 40%; slag, dross and waste from iron or steel (26.19) at 40%; ashes and residues of zinc and lead (26.20) at 85%; aluminium residues (26.20) at 50%; other residues (26.20) at 40%; and other slag and ash including kelp (26.21) at 40%.
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