Excise duty credit specified for listed finished goods and their input materials, enabling input duty offset against output excise. Designation under rule 56A of finished excisable goods and corresponding input headings for which credit of duty already paid on raw materials or component parts shall be allowed under sub-rule (2); the notification supersedes the earlier cited notification and limits credit entitlement to the goods and inputs listed in the annexed Table, including snuff and various yarns, fabrics, felt and other textile floor coverings.
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 duty credit specified for listed finished goods and their input materials, enabling input duty offset against output excise.
Designation under rule 56A of finished excisable goods and corresponding input headings for which credit of duty already paid on raw materials or component parts shall be allowed under sub-rule (2); the notification supersedes the earlier cited notification and limits credit entitlement to the goods and inputs listed in the annexed Table, including snuff and various yarns, fabrics, felt and other textile floor coverings.
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