Transitional clearance limits for excisable goods set, defining eligibility and aggregate-value entitlement for nil or concessional duty. Amendments to specified Central Excise notifications revise exemption and concessional-duty schemes by deleting and substituting schedule entries, altering exclusion language for chapters and schedules, reclassifying certain yarns, fabrics, bearings and goods, and inserting transitional provisions for a brief period that limit aggregate clearances eligible for nil or concessional duty according to a manufacturer's aggregate clearances as on a specified cutoff date, with entitlement calculations and illustrative examples; a statutory definition of retail sale price is also inserted.
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.
Transitional clearance limits for excisable goods set, defining eligibility and aggregate-value entitlement for nil or concessional duty.
Amendments to specified Central Excise notifications revise exemption and concessional-duty schemes by deleting and substituting schedule entries, altering exclusion language for chapters and schedules, reclassifying certain yarns, fabrics, bearings and goods, and inserting transitional provisions for a brief period that limit aggregate clearances eligible for nil or concessional duty according to a manufacturer's aggregate clearances as on a specified cutoff date, with entitlement calculations and illustrative examples; a statutory definition of retail sale price is also inserted.
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