Concessional excise duty restored on qualifying paper, with SSI exception and reporting requirement for affected clearances. Restoration of the concessional excise duty rate of 15% is effective from 20 March 1995 for paper, paperboard and articles made from at least 50% by weight of unconventional raw materials, except where manufacturers avail of the general SSI Scheme during the financial year. Assessees who cleared such goods at the higher rate during the intervening period must furnish specified details - including manufacturer, quantity, value, duty paid, demands and adjudication status - to the Department by the prescribed deadline to enable correction.
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Concessional excise duty restored on qualifying paper, with SSI exception and reporting requirement for affected clearances.
Restoration of the concessional excise duty rate of 15% is effective from 20 March 1995 for paper, paperboard and articles made from at least 50% by weight of unconventional raw materials, except where manufacturers avail of the general SSI Scheme during the financial year. Assessees who cleared such goods at the higher rate during the intervening period must furnish specified details - including manufacturer, quantity, value, duty paid, demands and adjudication status - to the Department by the prescribed deadline to enable correction.
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