Notification 38/99-Central Excise, dated 16-9-99 - Supreme Court Decision in the case of M/s. Hyderabad Industries Ltd. regarding Changing section for levy of additional duty of customs - reg.
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Excise duty computation revised: DTA clearances by EOUs capped at statutory ceiling after customs duty reclassification. Notification 38/99 amends earlier concessional excise notifications so customs duties for computing excise on DTA clearances are to be read as duties leviable under the Customs Act or any other law; however, excise payable remains subject to the proviso ceiling in section 3(1) of the Central Excise Act, and the excise charged is the minimum of the aggregated customs-derived rate and that statutory ceiling.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Excise duty computation revised: DTA clearances by EOUs capped at statutory ceiling after customs duty reclassification.
Notification 38/99 amends earlier concessional excise notifications so customs duties for computing excise on DTA clearances are to be read as duties leviable under the Customs Act or any other law; however, excise payable remains subject to the proviso ceiling in section 3(1) of the Central Excise Act, and the excise charged is the minimum of the aggregated customs-derived rate and that statutory ceiling.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
