Customs exemption for leather shaving blades limits ad valorem duty exposure and waives additional customs duty. The notification exempts blades for leather shaving machines under Chapter 82 from customs duty insofar as the duty specified in the First Schedule exceeds an amount calculated at a fixed ad valorem rate, and exempts them from the whole of the additional duty leviable under section 3 of the Customs Tariff Act, while preserving any existing exemptions granted by other notifications in force.
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Customs exemption for leather shaving blades limits ad valorem duty exposure and waives additional customs duty.
The notification exempts blades for leather shaving machines under Chapter 82 from customs duty insofar as the duty specified in the First Schedule exceeds an amount calculated at a fixed ad valorem rate, and exempts them from the whole of the additional duty leviable under section 3 of the Customs Tariff Act, while preserving any existing exemptions granted by other notifications in force.
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