Small Scale Exemption Scheme amendment updates notification cross references and clarifies valuation rules for specified goods. The Central Government amends prior notifications implementing the Small Scale Exemption Scheme by substituting combined references to two notifications wherever a single earlier notification was cited, modifies Annexure conditions to reflect those substitutions, and replaces the valuation clause in the scheme to define value-applying special valuation rules for certain tariff items and general or tariff value rules for other specified goods.
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Small Scale Exemption Scheme amendment updates notification cross references and clarifies valuation rules for specified goods.
The Central Government amends prior notifications implementing the Small Scale Exemption Scheme by substituting combined references to two notifications wherever a single earlier notification was cited, modifies Annexure conditions to reflect those substitutions, and replaces the valuation clause in the scheme to define value-applying special valuation rules for certain tariff items and general or tariff value rules for other specified goods.
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