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The Federal Government can impose additional customs duty on imported goods specified in the First Schedule through a notification in the official Gazette. The additional customs duty should not exceed 35% of the goods value, as specified under Section 25-2A or Section 25A-2b.
Average tariff of a market country for an origin group (except for world) is calculated by taking those products (at HS 6-digit level) that are imported by the market country from each country included in the origin group. i.e., tariff rates for those products that are not traded are not included in the calculation.
The process of assigning HS codes is known as "HS Classification". All products can be classified in the HS by using the General Rules for the Interpretation of the Harmonized System ("GRI") that must be applied in strict order. HS codes can be determined by a variety of factors including a product's composition, its form and its function.
The Customs Declaration Service is also used for declarations on goods movements to or from Northern Ireland, including goods moving from Great Britain to Northern Ireland, [35] but other customs declarations will continue to use CHIEF pending a longer-term move to the CDS. HMRC explains that "CHIEF is a reliable and robust platform" but "its ...
Kandyan jewellery comes from the hill capital of Ceylon or Sri Lanka. [1] The Kandyan Kingdom lasted till 1815 resulting in the original sets of jewellery and designs still being preserved and worn by Kandyan families today. Kandyan jewellery is handmade and was designed specifically for the royal families. It carries symbols of wealth ...
Being a center for trade in the Indian Ocean since antiquity, however, the history of collection of customs duties in Sri Lanka dates far back as the second century BC. [citation needed] "According to the inscription of King Gajaba I (112-134 A.D.) the customs duty collected from the Godapavata Harbour had been donated to the Godapavata monastery.
The designs range from simple to intricate handmade designs, often studded with precious and semi-precious stones such as diamonds, gems and pearls. Sets of expensive bangles made of gold and silver make a jingling sound. The imitation jewellery tends to make a tinny sound when jingled.
In June 2013, Pakistan's gems and jewellery exports had risen from approximately $47 million to $1.2 billion since the establishment of Pakistan Gems and Jewellery Development Company in 2006. [ 4 ] In January 2017, a company official said that Pakistan should export more of its value-added precious and semi-precious colored gemstones so the ...