Customs duty reduction on specified electronic industry inputs: designated items now attract nil import duty, altering prior tariff treatment. Amends the principal customs exemption notification to prescribe Nil ad valorem duty for goods specified in List A and 5% for List B, inserts numerous electronic-industry raw materials into List A with their linked end-uses, omits List C entries, and brings the revised tariff treatment into force on the stated commencement date under section 25(1) of the Customs Act, 1962.
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 duty reduction on specified electronic industry inputs: designated items now attract nil import duty, altering prior tariff treatment.
Amends the principal customs exemption notification to prescribe Nil ad valorem duty for goods specified in List A and 5% for List B, inserts numerous electronic-industry raw materials into List A with their linked end-uses, omits List C entries, and brings the revised tariff treatment into force on the stated commencement date under section 25(1) of the Customs Act, 1962.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.