Excise exemption for knitted fabrics caps duty to specified ad valorem rates based on material, processing and width. Notification caps excise duty on knitted and crocheted fabrics under Chapter 60 by exempting any duty in excess of the rate specified in the Table. It classifies goods by fibre content, processing, width and value per square metre and prescribes corresponding ad valorem rates or nil treatment, thereby limiting excise liability to the stated rates under the Additional Duties framework.
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 knitted fabrics caps duty to specified ad valorem rates based on material, processing and width.
Notification caps excise duty on knitted and crocheted fabrics under Chapter 60 by exempting any duty in excess of the rate specified in the Table. It classifies goods by fibre content, processing, width and value per square metre and prescribes corresponding ad valorem rates or nil treatment, thereby limiting excise liability to the stated rates under the Additional Duties framework.
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