Excise rate revisions adjust classifications and levy updated duties across textiles, plastics, metals, paper, and footwear manufacturing. Amendments broaden the statutory manufacturer definition to include specified preparatory and conversion processes for cotton yarn and clarify that manufacturers include persons producing on their own account. The First Schedule is extensively revised: numerous items are substituted or inserted to redefine taxable goods and to set new levy bases and rates for categories including pigments for textile printing, sodium silicate, skin care preparations, soaps, synthetic resins and plastics (with a plastics explanation), cotton twist and yarn (with count definitions), paper categories, iron and steel products, insulated wires, tractors (with equipment exclusion), footwear and parts.
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Provisions expressly mentioned in the judgment/order text.
Excise rate revisions adjust classifications and levy updated duties across textiles, plastics, metals, paper, and footwear manufacturing.
Amendments broaden the statutory manufacturer definition to include specified preparatory and conversion processes for cotton yarn and clarify that manufacturers include persons producing on their own account. The First Schedule is extensively revised: numerous items are substituted or inserted to redefine taxable goods and to set new levy bases and rates for categories including pigments for textile printing, sodium silicate, skin care preparations, soaps, synthetic resins and plastics (with a plastics explanation), cotton twist and yarn (with count definitions), paper categories, iron and steel products, insulated wires, tractors (with equipment exclusion), footwear and parts.
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