Regulatory excise duties to control consumption; government may notify rates and proceeds are retained by the Union. Regulatory excise duties may be levied by Central Government notification on goods in the First Schedule to the Central Excises Act, subject to a ceiling of fifteen per cent of value as determined under section 4. Different dates and rates may be specified for different goods. Such duties are additional to existing excise duties, retained for Union purposes and not distributable to States. Central Excises Act provisions, including refunds and exemptions, apply to these duties as far as practicable, and each notification must be laid before both Houses of Parliament.
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Provisions expressly mentioned in the judgment/order text.
Regulatory excise duties to control consumption; government may notify rates and proceeds are retained by the Union.
Regulatory excise duties may be levied by Central Government notification on goods in the First Schedule to the Central Excises Act, subject to a ceiling of fifteen per cent of value as determined under section 4. Different dates and rates may be specified for different goods. Such duties are additional to existing excise duties, retained for Union purposes and not distributable to States. Central Excises Act provisions, including refunds and exemptions, apply to these duties as far as practicable, and each notification must be laid before both Houses of Parliament.
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