Customs duty exemption for specified paper imports caps payable duty to designated ad valorem and per tonne rates. The Central Government exempts specified imported newsprint and printing and writing paper from customs duty in excess of prescribed caps, limiting payable duty to the rates set in the notification: general newsprint (excluding certain varieties) capped at 40% ad valorem plus a fixed per tonne charge; specified newsprint varieties capped at 60% ad valorem; and printing and writing paper capped at 60% ad valorem.
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Provisions expressly mentioned in the judgment/order text.
Customs duty exemption for specified paper imports caps payable duty to designated ad valorem and per tonne rates.
The Central Government exempts specified imported newsprint and printing and writing paper from customs duty in excess of prescribed caps, limiting payable duty to the rates set in the notification: general newsprint (excluding certain varieties) capped at 40% ad valorem plus a fixed per tonne charge; specified newsprint varieties capped at 60% ad valorem; and printing and writing paper capped at 60% ad valorem.
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