Effective Rate of Duty: prescribed ad valorem ceilings and specified exemptions for listed goods under tariff chapters. Notification prescribes effective rates of duty and specific excise exemptions for goods in Chapters 54-82 by exempting duty in excess of the ad valorem rates specified in a Table. The Table lists tariff items, descriptions and effective rates, referencing Condition numbers. Key categories covered include yarns, mosquito nets, graded footwear, certain ceramic and construction materials, printing/ornamenting industries, selected precious metal and jewellery items, specified metal products and components, and designated appliances and tools. The Annexure prescribes eligibility conditions such as retail price marking, maintenance of accounts and returns, certification for recognised Kendras, and restrictions on CENVAT credit.
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Provisions expressly mentioned in the judgment/order text.
Effective Rate of Duty: prescribed ad valorem ceilings and specified exemptions for listed goods under tariff chapters.
Notification prescribes effective rates of duty and specific excise exemptions for goods in Chapters 54-82 by exempting duty in excess of the ad valorem rates specified in a Table. The Table lists tariff items, descriptions and effective rates, referencing Condition numbers. Key categories covered include yarns, mosquito nets, graded footwear, certain ceramic and construction materials, printing/ornamenting industries, selected precious metal and jewellery items, specified metal products and components, and designated appliances and tools. The Annexure prescribes eligibility conditions such as retail price marking, maintenance of accounts and returns, certification for recognised Kendras, and restrictions on CENVAT credit.
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