Classification of soapstone as talc-government accepts identical treatment for excise exemption where notification conditions are met. The Government accepted a tribunal decision treating talc and soapstone as identical for exemption under Notification No. 23/55-C.E. and will not appeal; soapstone may therefore qualify for the excise exemption when used as a filler, extender, diluent or suspending agent and when all conditions of the notification are met. The conference noted HSN explanatory notes and earlier Board guidance distinguishing soapstone from talc and recommended that any formal extension of the exemption be effected by amending the notification. Field formations and trade are to be informed and pending assessments finalised under these guidelines.
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Classification of soapstone as talc-government accepts identical treatment for excise exemption where notification conditions are met.
The Government accepted a tribunal decision treating talc and soapstone as identical for exemption under Notification No. 23/55-C.E. and will not appeal; soapstone may therefore qualify for the excise exemption when used as a filler, extender, diluent or suspending agent and when all conditions of the notification are met. The conference noted HSN explanatory notes and earlier Board guidance distinguishing soapstone from talc and recommended that any formal extension of the exemption be effected by amending the notification. Field formations and trade are to be informed and pending assessments finalised under these guidelines.
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