Customs exemption for raw cotton: duty on exports limited to a capped per tonne rate, excess exempted. The Central Government, under section 25(1) of the Customs Act, 1962, exempts Raw cotton (Heading No. 16, Second Schedule, Customs Tariff Act, 1975) when exported from India from so much of the customs duty leviable as exceeds the amount calculated at a specified per tonne rate, effectively capping the duty payable on exported raw cotton and exempting the excess.
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 raw cotton: duty on exports limited to a capped per tonne rate, excess exempted.
The Central Government, under section 25(1) of the Customs Act, 1962, exempts Raw cotton (Heading No. 16, Second Schedule, Customs Tariff Act, 1975) when exported from India from so much of the customs duty leviable as exceeds the amount calculated at a specified per tonne rate, effectively capping the duty payable on exported raw cotton and exempting the excess.
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