Televisions receivers (other than monochrome) - Abatement allowed from retail sale price for determining assessable value - 51/97 - Central Excise - Non Tariff
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Abatement from retail sale price allowed for colour television assessable value, reducing the taxable base from the notified effective date. The Central Government, under sub section (2) of section 4A of the Central Excise Act, allows a thirty per cent abatement from the retail sale price for determining the assessable value of television receivers (other than monochrome) classified under heading 85.28 of the Central Excise Tariff; this is effected by Notification No. 51/97 C.E. (N.T.) dated 10 9 1997 and comes into force on 16 September 1997.
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.
Abatement from retail sale price allowed for colour television assessable value, reducing the taxable base from the notified effective date.
The Central Government, under sub section (2) of section 4A of the Central Excise Act, allows a thirty per cent abatement from the retail sale price for determining the assessable value of television receivers (other than monochrome) classified under heading 85.28 of the Central Excise Tariff; this is effected by Notification No. 51/97 C.E. (N.T.) dated 10 9 1997 and comes into force on 16 September 1997.
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