Regulatory duty of excise may be imposed to regulate consumption and is additional to existing excise duties. A framework permits the Central Government to levy a regulatory duty of excise by notification on goods listed in the First Schedule to the Central Excises Act to regulate consumption; the duty is additional to existing excise duties, assessed on value as determined under the Central Excises Act, collected for the Union, and subject, as far as practicable, to the applicable provisions and rules of the Central Excises Act including refunds and exemptions, with each notification to be placed before both Houses of Parliament.
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.
Provisions expressly mentioned in the judgment/order text.
Regulatory duty of excise may be imposed to regulate consumption and is additional to existing excise duties.
A framework permits the Central Government to levy a regulatory duty of excise by notification on goods listed in the First Schedule to the Central Excises Act to regulate consumption; the duty is additional to existing excise duties, assessed on value as determined under the Central Excises Act, collected for the Union, and subject, as far as practicable, to the applicable provisions and rules of the Central Excises Act including refunds and exemptions, with each notification to be placed before both Houses of Parliament.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
