Excise exemption for specified iron and steel final products where inputs are duty paid and no input credit is claimed. Exemption from excise duty is provided for specified iron and steel final products within Chapters 72, 73 or heading 84.54 when manufactured from listed inputs on which excise or additional customs duty has already been paid, provided no credit for duty on those inputs has been claimed under rule 56A or 57A; stocks in the country are deemed duty paid except those clearly recognisable as non duty paid or nil rated.
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 exemption for specified iron and steel final products where inputs are duty paid and no input credit is claimed.
Exemption from excise duty is provided for specified iron and steel final products within Chapters 72, 73 or heading 84.54 when manufactured from listed inputs on which excise or additional customs duty has already been paid, provided no credit for duty on those inputs has been claimed under rule 56A or 57A; stocks in the country are deemed duty paid except those clearly recognisable as non duty paid or nil rated.
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