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Budget Notification - Exempts various fabrics from customs leviable in excess of the amount calculated at the rate specified - 014/2005 - Customs -Tariff
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Customs duty exemption cap for imported upholstery and other fabrics limits relief to specified ad valorem rates or unit floors. Notification exempts specified imported textile goods from customs duty to the extent that duty payable exceeds the amount calculated at the rate specified in the Table. The Table differentiates tariff items and whether goods are upholstery fabrics or other fabrics, specifying for each an ad valorem rate or an ad valorem rate with a per unit floor; the exemption covers duty only up to that calculated amount. The notification defines 'upholstery fabrics' and clarifies the ad valorem character of the rates.
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Customs duty exemption cap for imported upholstery and other fabrics limits relief to specified ad valorem rates or unit floors.
Notification exempts specified imported textile goods from customs duty to the extent that duty payable exceeds the amount calculated at the rate specified in the Table. The Table differentiates tariff items and whether goods are upholstery fabrics or other fabrics, specifying for each an ad valorem rate or an ad valorem rate with a per unit floor; the exemption covers duty only up to that calculated amount. The notification defines "upholstery fabrics" and clarifies the ad valorem character of the rates.
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