Small Scale Units Excise Exemption: graduated concessional duty rates for initial clearances, subject to conditions and exclusions. Notification creates a graduated exemption for specified goods manufactured by small scale units: initial clearances are exempt and subsequent clearances attract concessional ad valorem rates up to specified aggregate values; eligibility requires an irrevocable annual option, non-availment of input duty credit for eligible clearances, and that prior-year aggregate clearances not exceed a prescribed threshold, with aggregation across factories and manufacturers and specified exclusions for branded goods and listed tariff items.
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.
Small Scale Units Excise Exemption: graduated concessional duty rates for initial clearances, subject to conditions and exclusions.
Notification creates a graduated exemption for specified goods manufactured by small scale units: initial clearances are exempt and subsequent clearances attract concessional ad valorem rates up to specified aggregate values; eligibility requires an irrevocable annual option, non-availment of input duty credit for eligible clearances, and that prior-year aggregate clearances not exceed a prescribed threshold, with aggregation across factories and manufacturers and specified exclusions for branded goods and listed tariff items.
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