Whether benefit of Notification No. 75/87-C.E., dated 1-3-1987 as amended and Notification No. 175/86-C.E., dated 1-3-1986, as amended could be availed of simultaneously - Regarding
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Concessional excise exemptions may be availed concurrently, subject to each notification's conditions and aggregate clearance rules. Notification No. 75/87-C.E. grants concessional excise treatment for refrigeration and air conditioning goods with specified exempt slabs and ... Summary
Concessional excise exemptions may be availed concurrently, subject to each notification's conditions and aggregate clearance rules.
Notification No. 75/87-C.E. grants concessional excise treatment for refrigeration and air conditioning goods with specified exempt slabs and aggregate-value limits, excluding certain wholly exempt clearances from aggregation. The circular clarifies that Notification No. 75/87-C.E. does not preclude simultaneous use of Notification No. 175/86-C.E.; both benefits may be availed together if respective conditions are observed, but clearances under the two notifications must be clubbed for computing aggregate clearances.
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