Clarification on Notification No. 17/2001-Cus: '-' in Column 5 Indicates Nil Duty Rate, No Additional Duty Charged.

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....Interpretation of N/N. 17/2001-Cus - The interpretation of '-' under Col. 5 can only be interpreted as Nil rate of duty and not otherwise - as per the entry 245, there cannot be any rate charged in excess of '-' for additional duty which would only translate to the conclusion that there would be no additional duty in this case. - AT....