https://www.taxtmi.com/notifications?id=21040 The Central Government limits auxiliary customs duty on specified imports by exempting from duty any amount in excess of prescribed caps. An annexed Table sets fixed per-item caps for crude petroleum and for certain stepper motors and a percentage-of-value cap for all other goods; valuation for the percentage cap follows customs valuation rules. The notification supersedes an earlier notification and preserves any existing exemption under other notifications, operating as an excess-duty exemption rather than a complete duty waiver. en-us Tue, 12 May 1987 00:00:00 +0530 Tue, 01 Sep 2009 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21040 The Central Government limits auxiliary customs duty on specified imports by exempting from duty any amount in excess of prescribed caps. An annexed Table sets fixed per-item caps for crude petroleum and for certain stepper motors and a percentage-of-value cap for all other goods; valuation for the percentage cap follows customs valuation rules. The notification supersedes an earlier notification and preserves any existing exemption under other notifications, operating as an excess-duty exemption rather than a complete duty waiver. Notifications Customs Tue, 12 May 1987 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21040