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of <h1>Set-off of Additional Duty on Imported Naphthalenes Not Allowed Under Notification No. 432/86-C.E., Clarifies Circular.</h1> The circular addresses whether the set-off of additional duty on imported naphthalenes under the Customs Tariff Act, 1975, is permissible under Notification No. 432/86-C.E. The notification exempts certain final products from excise duty equivalent to the excise duty paid on specified inputs, but it does not explicitly allow for the set-off of additional duty under the Customs Tariff Act. The circular clarifies that additional duty cannot be equated with excise duty unless expressly stated in the notification. Relevant authorities and trade interests are advised to finalize pending assessments based on this clarification.
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