Customs exemption reduces duty on specified organic surface-active agents and lubricating preparations, effective upon commencement. The Central Government exempts specified tariff items from that portion of customs duty in excess of the amount calculated at the rate set in the Table. The Table identifies tariff headings for organic surface-active agents, organic surface-active preparations, and lubricating preparations, and specifies the rate for calculation of duty as one hundred per cent ad valorem; the exemption applies upon import and is operative from the notification's commencement date.
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Customs exemption reduces duty on specified organic surface-active agents and lubricating preparations, effective upon commencement.
The Central Government exempts specified tariff items from that portion of customs duty in excess of the amount calculated at the rate set in the Table. The Table identifies tariff headings for organic surface-active agents, organic surface-active preparations, and lubricating preparations, and specifies the rate for calculation of duty as one hundred per cent ad valorem; the exemption applies upon import and is operative from the notification's commencement date.
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