Customs duty exemption for listed optical, medical and measuring imports limits duty to specified ad valorem rates. The Central Government, under sub section (1) of Section 25 of the Customs Act, exempts specified optical, photographic, medical, surgical and measuring goods imported into India from so much of the customs duty as exceeds amounts calculated at the ad valorem rates set in the Table; the Table lists tariff sub headings with prescribed reduced rates and excludes parts or accessories containing thermionic valves, transistors, similar semiconductor devices, light emitting diodes or electronic micro circuits, while parts of goods under heading 9033.00 take the duty applicable to the main instrument.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for listed optical, medical and measuring imports limits duty to specified ad valorem rates.
The Central Government, under sub section (1) of Section 25 of the Customs Act, exempts specified optical, photographic, medical, surgical and measuring goods imported into India from so much of the customs duty as exceeds amounts calculated at the ad valorem rates set in the Table; the Table lists tariff sub headings with prescribed reduced rates and excludes parts or accessories containing thermionic valves, transistors, similar semiconductor devices, light emitting diodes or electronic micro circuits, while parts of goods under heading 9033.00 take the duty applicable to the main instrument.
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