Excise exemption for specified cotton-coated fabrics caps duty to a prescribed ad valorem rate under Central Excise law. The Central Government exempts specified cotton-coated textile fabrics falling under Chapter 59 from so much of the excise duty as exceeds the amount calculated at a prescribed ad valorem rate; the description covers cotton fabrics coated with gum or amylaceous substances used for outer book covers, tracing cloth, prepared painting canvas, buckram and similar stiffened cotton fabrics.
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 specified cotton-coated fabrics caps duty to a prescribed ad valorem rate under Central Excise law.
The Central Government exempts specified cotton-coated textile fabrics falling under Chapter 59 from so much of the excise duty as exceeds the amount calculated at a prescribed ad valorem rate; the description covers cotton fabrics coated with gum or amylaceous substances used for outer book covers, tracing cloth, prepared painting canvas, buckram and similar stiffened cotton fabrics.
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 
