Customs exemption for specified ores, slag and ash limits assessable duty on imports to a capped ad valorem rate. The Central Government, under section 25 of the Customs Act, 1962, exempts imported ores, slag and ash (excluding crude potassium salts) falling under specified First Schedule tariff headings from that portion of customs duty which exceeds the amount calculated at a forty percent ad valorem rate, and specifies the notification's 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 exemption for specified ores, slag and ash limits assessable duty on imports to a capped ad valorem rate.
The Central Government, under section 25 of the Customs Act, 1962, exempts imported ores, slag and ash (excluding crude potassium salts) falling under specified First Schedule tariff headings from that portion of customs duty which exceeds the amount calculated at a forty percent ad valorem rate, and specifies the notification's commencement date.
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