Excise exemption for waste of man-made fibres caps duty to a specified ad valorem rate, excluding polymerising factories. Exempts wastes of man-made staple fibres and man-made filament yarns in Chapters 54 and 55 from excise duty exceeding a specified ad valorem rate, while excluding from the exemption any factory that manufactures such fibres or filaments by polymerisation of organic polymers or by chemical transformation of natural organic polymers, regardless of whether the factory produces other goods.
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 exemption for waste of man-made fibres caps duty to a specified ad valorem rate, excluding polymerising factories.
Exempts wastes of man-made staple fibres and man-made filament yarns in Chapters 54 and 55 from excise duty exceeding a specified ad valorem rate, while excluding from the exemption any factory that manufactures such fibres or filaments by polymerisation of organic polymers or by chemical transformation of natural organic polymers, regardless of whether the factory produces other goods.
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