Excise duty on textile classifications updated; differential rates and levy rules clarified under schedule amendments to earlier Act. Amendment revises the First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act, 1957 to reclassify cotton, silk, woollen and rayon fabrics and prescribe mixed ad valorem and specific per square metre duties for differentiated fabric categories; embroidery and fabrics impregnated or coated with cellulose derivatives or artificial plastics are chargeable by reference to the duty leviable on the base fabrics where that duty has not already been paid.
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Provisions expressly mentioned in the judgment/order text.
Excise duty on textile classifications updated; differential rates and levy rules clarified under schedule amendments to earlier Act.
Amendment revises the First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act, 1957 to reclassify cotton, silk, woollen and rayon fabrics and prescribe mixed ad valorem and specific per square metre duties for differentiated fabric categories; embroidery and fabrics impregnated or coated with cellulose derivatives or artificial plastics are chargeable by reference to the duty leviable on the base fabrics where that duty has not already been paid.
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