National Calamity Contingent Duty exemption for specified imported goods removes equivalent additional import duty under tariff law. Goods specified in column (2) of the Table in the Seventh Schedule to the Finance Act, 2001 are exempt, when imported into India, from that part of the additional duty under sub-section (1) of section 3 of the Customs Tariff Act, 1975 which is equivalent to the National Calamity Contingent Duty under section 136 of the Finance Act, 2001; the notification is issued under sub-section (1) of section 25 of the Customs Act, 1962 and supersedes notification No.77/2003 except as to prior acts, with an exclusion for goods under sub-heading 8517 12.
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.
National Calamity Contingent Duty exemption for specified imported goods removes equivalent additional import duty under tariff law.
Goods specified in column (2) of the Table in the Seventh Schedule to the Finance Act, 2001 are exempt, when imported into India, from that part of the additional duty under sub-section (1) of section 3 of the Customs Tariff Act, 1975 which is equivalent to the National Calamity Contingent Duty under section 136 of the Finance Act, 2001; the notification is issued under sub-section (1) of section 25 of the Customs Act, 1962 and supersedes notification No.77/2003 except as to prior acts, with an exclusion for goods under sub-heading 8517 12.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
