Customs duty exemption for imports of kernite, colemanite and specified sulphur modifies payable tariff rates under the First Schedule. Exemption notification under the Customs Act adjusts duties on goods in Chapter 25 of the Customs Tariff by limiting customs liability to the duty rate specified in the annexed Table. The Table covers kernite (including concentrates) and colemanite (including crude calcium borate) at a reduced ad valorem rate, and sulphur of all kinds excluding insoluble sulphur at nil duty. Applicability is determined by classification under the First Schedule and the exemption operates by capping payable duty to the Table-specified rate.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for imports of kernite, colemanite and specified sulphur modifies payable tariff rates under the First Schedule.
Exemption notification under the Customs Act adjusts duties on goods in Chapter 25 of the Customs Tariff by limiting customs liability to the duty rate specified in the annexed Table. The Table covers kernite (including concentrates) and colemanite (including crude calcium borate) at a reduced ad valorem rate, and sulphur of all kinds excluding insoluble sulphur at nil duty. Applicability is determined by classification under the First Schedule and the exemption operates by capping payable duty to the Table-specified rate.
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