Customs and excise duty amendments introduce targeted exemptions, tariff adjustments and service tax reliefs following the finance bill changes. Amendments effect targeted customs, excise and service tax changes: countervailing duty exemption for mobile handset parts; restored customs rate for degaussing coils; uniform additional duty on all computers including laptops; reduced duty and additional-duty exemption for monofilament long line tuna fishing gear subject to certification; extension of LPG household duty exemptions to propane/butane mixtures; increased optional excise on certain tyre cord fabrics; reduced excise on molasses and isolated soya protein; restoration of excise exemptions after tariff reclassification; and service tax exemption for farm income insurance premiums.
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.
Customs and excise duty amendments introduce targeted exemptions, tariff adjustments and service tax reliefs following the finance bill changes.
Amendments effect targeted customs, excise and service tax changes: countervailing duty exemption for mobile handset parts; restored customs rate for degaussing coils; uniform additional duty on all computers including laptops; reduced duty and additional-duty exemption for monofilament long line tuna fishing gear subject to certification; extension of LPG household duty exemptions to propane/butane mixtures; increased optional excise on certain tyre cord fabrics; reduced excise on molasses and isolated soya protein; restoration of excise exemptions after tariff reclassification; and service tax exemption for farm income insurance premiums.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
