Excise duty amendment updates exemptions and effective duty rates for specified goods and revises eligibility conditions for benefits. Amendment revises the tariff table by inserting new entries and substituting effective basic excise duty rates or nil status for specified goods, and alters an existing description. The Annexure increases a quantitative threshold and adds a condition requiring manufacturing by fully hand-operated moulding presses, absence of power use post-moulding except for buffing or testing, conformity to Indian Standards with the Standard Mark, and absence of another person's brand for eligibility to the exemption.
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Provisions expressly mentioned in the judgment/order text.
Excise duty amendment updates exemptions and effective duty rates for specified goods and revises eligibility conditions for benefits.
Amendment revises the tariff table by inserting new entries and substituting effective basic excise duty rates or nil status for specified goods, and alters an existing description. The Annexure increases a quantitative threshold and adds a condition requiring manufacturing by fully hand-operated moulding presses, absence of power use post-moulding except for buffing or testing, conformity to Indian Standards with the Standard Mark, and absence of another person's brand for eligibility to the exemption.
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