Exemption for motor vehicle parts: intra manufacturer transfers capped at duty on sixty percent of spare sale value, subject to procedure. Exempts motor vehicle parts under Chapters 84 and 87 manufactured in one factory and used in another factory of the same manufacturer for manufacture of goods under specified sub headings, by capping excise liability to the amount calculated on sixty percent of the value of such parts as determined under section 4 when sold as spares; exemption subject to procedures the Commissioner of Central Excise may specify.
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.
Exemption for motor vehicle parts: intra manufacturer transfers capped at duty on sixty percent of spare sale value, subject to procedure.
Exempts motor vehicle parts under Chapters 84 and 87 manufactured in one factory and used in another factory of the same manufacturer for manufacture of goods under specified sub headings, by capping excise liability to the amount calculated on sixty percent of the value of such parts as determined under section 4 when sold as spares; exemption subject to procedures the Commissioner of Central Excise may specify.
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