Customs exemption for specified copper imports caps duty at prescribed rates, reducing assessable import liability across defined product categories. The Central Government exempts specified copper goods falling within Chapter 74 from customs duty to the extent that duty exceeds amounts calculated at the prescribed rates set out in the annexed Table. The notification, issued under the Customs Act and superseding an earlier notification, lists categories such as copper matte and master alloys, unwrought copper, copper waste and scrap, wrought bars and sections, wires and rods, plates and foil, tubes and fittings, and other copper articles, and fixes corresponding duty-rate caps for imported goods.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption for specified copper imports caps duty at prescribed rates, reducing assessable import liability across defined product categories.
The Central Government exempts specified copper goods falling within Chapter 74 from customs duty to the extent that duty exceeds amounts calculated at the prescribed rates set out in the annexed Table. The notification, issued under the Customs Act and superseding an earlier notification, lists categories such as copper matte and master alloys, unwrought copper, copper waste and scrap, wrought bars and sections, wires and rods, plates and foil, tubes and fittings, and other copper articles, and fixes corresponding duty-rate caps for imported goods.
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