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    <title>Effective basic duty on vessels and other floating structures for breaking up</title>
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    <description>The Central Government exempts goods classified under the Customs Tariff heading for vessels and floating structures imported for breaking up from so much of the duty specified in the First Schedule as exceeds the amount calculated at a 5% ad valorem rate, thereby capping the effective basic customs duty payable on those imports.</description>
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      <description>The Central Government exempts goods classified under the Customs Tariff heading for vessels and floating structures imported for breaking up from so much of the duty specified in the First Schedule as exceeds the amount calculated at a 5% ad valorem rate, thereby capping the effective basic customs duty payable on those imports.</description>
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