Education cess exemption for imported goods limits levy to the statutory customs base while excluding specified additional duties. Exempts First Schedule goods at import from education cess in excess of the amount calculated on the statutory base of aggregate customs duties and other sums charged as duty, under powers in the Customs Act read with the Finance Act; specifies that additional duty, safeguard duty, anti dumping duty, Education Cess on imported goods, and the Secondary and Higher Education Cess are excluded from this exemption.
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.
Education cess exemption for imported goods limits levy to the statutory customs base while excluding specified additional duties.
Exempts First Schedule goods at import from education cess in excess of the amount calculated on the statutory base of aggregate customs duties and other sums charged as duty, under powers in the Customs Act read with the Finance Act; specifies that additional duty, safeguard duty, anti dumping duty, Education Cess on imported goods, and the Secondary and Higher Education Cess are excluded from this exemption.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
