Seeks to further amend Notification No. 49/2008-Central Excise (N.T.), dated the 01.03.2016 so as to amend the rate of abatement from Retail Sale Price for commodities specified therein and bring certain commodities under Retail Sale Price based assessment. - 12/2016 - Central Excise - Non Tariff
📋
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
Retail Sale Price based assessment revised to change abatement rates for specified excisable goods under Central Excise rules. The notification amends the principal abatement schedule under the Central Excise Act by substituting entries for tariff headings 3401 and 3402 with specified abatement figures, substituting the abatement entry at another serial number, inserting new serial entries for tariff heading 7607 and for wrist wearable devices under heading 8517 62 with their respective abatements, and replacing the description 'Parts, components and assemblies' with 'Parts, components, accessories and assemblies' for the indicated serial entries.
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.
Retail Sale Price based assessment revised to change abatement rates for specified excisable goods under Central Excise rules.
The notification amends the principal abatement schedule under the Central Excise Act by substituting entries for tariff headings 3401 and 3402 with specified abatement figures, substituting the abatement entry at another serial number, inserting new serial entries for tariff heading 7607 and for wrist wearable devices under heading 8517 62 with their respective abatements, and replacing the description "Parts, components and assemblies" with "Parts, components, accessories and assemblies" for the indicated serial entries.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.