Exemption for motor vehicle body-building narrowed, prompting expedited resolution of disputed appeals to protect revenue. The Committee addressed repeated short-levy of excise on motor vehicles resulting from incorrect application of a concessional exemption where bodies were fitted outside the chassis manufacturer's factory; collectors issued protective demands and an appeal was filed to the appellate tribunal, but the Law Ministry advised awaiting that adjudication. The Ministry subsequently amended the notification to restrict exemption where the chassis owner sends chassis for body building on his own account, and the Committee urged prompt resolution and strict implementation to protect revenue.
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Exemption for motor vehicle body-building narrowed, prompting expedited resolution of disputed appeals to protect revenue.
The Committee addressed repeated short-levy of excise on motor vehicles resulting from incorrect application of a concessional exemption where bodies were fitted outside the chassis manufacturer's factory; collectors issued protective demands and an appeal was filed to the appellate tribunal, but the Law Ministry advised awaiting that adjudication. The Ministry subsequently amended the notification to restrict exemption where the chassis owner sends chassis for body building on his own account, and the Committee urged prompt resolution and strict implementation to protect revenue.
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