Excise exemption rates for carpets and floor coverings fixed, limiting duty to specified effective ad valorem levels. The Notification fixes prescribed effective ad valorem rates for goods in Chapter 57, exempting them from excise duty in excess of those rates; machine-related carpets and textile floor coverings are assigned a specific ad valorem rate, other machine-related items and certain hand-made carpets are nil, coir floor coverings are nil and jute floor coverings attract a reduced ad valorem rate. The term machines for the primary category excludes manually operated looms and hand-operated implements.
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Excise exemption rates for carpets and floor coverings fixed, limiting duty to specified effective ad valorem levels.
The Notification fixes prescribed effective ad valorem rates for goods in Chapter 57, exempting them from excise duty in excess of those rates; machine-related carpets and textile floor coverings are assigned a specific ad valorem rate, other machine-related items and certain hand-made carpets are nil, coir floor coverings are nil and jute floor coverings attract a reduced ad valorem rate. The term machines for the primary category excludes manually operated looms and hand-operated implements.
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