Excise duty exemption for specified wool and woollen goods reduces effective duty to notified tariff rates. Notification caps excise liability for goods in Chapter 51 by exempting duty in excess of specified effective rates, as listed in the annexed Table. The Table prescribes itemised rates and nil-rated categories covering carded or combed animal hair, various yarns of wool (including waste and plain reel hank yarn), and woven woollen fabrics subject to processing or handloom-related conditions. Nil-rate entries include khadi-certified handloom fabrics, fabrics processed without power, those processed by registered handloom co-operatives or approved organisations, and those processed by Government-approved independent processors; certain shoddy-made fabrics are also exempt subject to a value condition.
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 duty exemption for specified wool and woollen goods reduces effective duty to notified tariff rates.
Notification caps excise liability for goods in Chapter 51 by exempting duty in excess of specified effective rates, as listed in the annexed Table. The Table prescribes itemised rates and nil-rated categories covering carded or combed animal hair, various yarns of wool (including waste and plain reel hank yarn), and woven woollen fabrics subject to processing or handloom-related conditions. Nil-rate entries include khadi-certified handloom fabrics, fabrics processed without power, those processed by registered handloom co-operatives or approved organisations, and those processed by Government-approved independent processors; certain shoddy-made fabrics are also exempt subject to a value condition.
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