Customs duty exemption limits duty on specified machinery imports for fisheries, refrigeration components and industrial precipitators under tariff notification. Notification under the Customs Act, 1962 exempts specified machinery and mechanical appliances from customs duty to the extent that duty exceeds the amount calculated at the prescribed reduced rate for listed tariff sub-headings; covered items include outboard motors for State Fisheries Corporations (for fishing boats), compressor component parts for refrigeration and air conditioning above 7.5 H.P., and industrial electrostatic precipitators, with the notification effective from the stated commencement date.
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.
Customs duty exemption limits duty on specified machinery imports for fisheries, refrigeration components and industrial precipitators under tariff notification.
Notification under the Customs Act, 1962 exempts specified machinery and mechanical appliances from customs duty to the extent that duty exceeds the amount calculated at the prescribed reduced rate for listed tariff sub-headings; covered items include outboard motors for State Fisheries Corporations (for fishing boats), compressor component parts for refrigeration and air conditioning above 7.5 H.P., and industrial electrostatic precipitators, with the notification effective from the stated commencement date.
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