Effective excise rates established for specified goods, substituting nil, ad valorem or per tonne duty levels. Notification fixes effective rates of excise duty for goods in Chapters 4-96 by exempting goods from that portion of Central Excise duty exceeding the amount computed at the rates shown in the annexed Table. The Table pairs tariff chapter, heading or sub heading entries with operative rates consisting of nil rates, specified ad valorem percentages and specified specific rates per tonne for particular goods categories, thereby substituting those effective rates for the duties otherwise leviable.
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.
Effective excise rates established for specified goods, substituting nil, ad valorem or per tonne duty levels.
Notification fixes effective rates of excise duty for goods in Chapters 4-96 by exempting goods from that portion of Central Excise duty exceeding the amount computed at the rates shown in the annexed Table. The Table pairs tariff chapter, heading or sub heading entries with operative rates consisting of nil rates, specified ad valorem percentages and specified specific rates per tonne for particular goods categories, thereby substituting those effective rates for the duties otherwise leviable.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
