Seeks to exempt Point of Sale (POS) devices and goods required for its manufacature from central excise duty till 31st March, 2017 - 35/2016 - Central Excise - Tariff
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Excise exemption for Point of Sale devices and their components introduced with a built in sunset limitation. Amendment adds tariff entries exempting Point of Sale (POS) Devices and all goods used in their manufacture from central excise duty by inserting serial entries 256A and 256B with nil duty rates into the Central Excise notification, and introduces a sunset proviso limiting the exemption's applicability after the terminal date specified in the proviso.
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 Point of Sale devices and their components introduced with a built in sunset limitation.
Amendment adds tariff entries exempting Point of Sale (POS) Devices and all goods used in their manufacture from central excise duty by inserting serial entries 256A and 256B with nil duty rates into the Central Excise notification, and introduces a sunset proviso limiting the exemption's applicability after the terminal date specified in the proviso.
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