Auxiliary duty exemption limits payable auxiliary customs duty on specified imported industrial and electrical goods under tariff headings. The Central Government exempts specified imported goods listed by tariff Chapter and Heading from auxiliary customs duty to the extent that such duty exceeds an amount equal to twenty-five percent of the value of the goods as determined under the Customs Act; applicability is limited to the goods and exclusions set out in the annexed Table and operates on importation.
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.
Auxiliary duty exemption limits payable auxiliary customs duty on specified imported industrial and electrical goods under tariff headings.
The Central Government exempts specified imported goods listed by tariff Chapter and Heading from auxiliary customs duty to the extent that such duty exceeds an amount equal to twenty-five percent of the value of the goods as determined under the Customs Act; applicability is limited to the goods and exclusions set out in the annexed Table and operates on importation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
