Incentives for increased production permit remission or concession of excise duty to promote manufacturing under the Act. The amendment inserts a provision authorizing incentives for increased production by way of remission or concession of duty payable under the Central Excises Act, permitting diminution or modification of excise liability to promote manufacturing.
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.
Incentives for increased production permit remission or concession of excise duty to promote manufacturing under the Act.
The amendment inserts a provision authorizing incentives for increased production by way of remission or concession of duty payable under the Central Excises Act, permitting diminution or modification of excise liability to promote manufacturing.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.