Chapter II AIndicating amount of duty in the price of goods, etc., for purpose of refund and crediting certain amounts to the fund (From Section 12A to Section 12D )
Excise duty on capacity basis: notified goods taxed by deemed annual production or production factor, with prescribed assessment and abatement. Central Government may notify specified excisable goods for capacity-based excise charging; rules may require determination of annual capacity by an ... Summary
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.
Excise duty on capacity basis: notified goods taxed by deemed annual production or production factor, with prescribed assessment and abatement.
Central Government may notify specified excisable goods for capacity-based excise charging; rules may require determination of annual capacity by an Assistant Commissioner or define production factors and deemed quantities per factor, with proportionate adjustments for part-year operation or changes in factors. Duty is levied per unit of deemed production or per production factor at notified rates and collected as prescribed; abatement is available for continuous non-production subject to conditions. The section excludes goods of hundred per cent export-oriented undertakings and treats such duty as leviable under the applicable tariff schedule; "factor" may include multiple factors.
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