Effective excise duty rates on plastics and related products prescribed, with conditional nil exemptions tied to use and input credit restrictions. The notification amends an earlier central excise notification by broadening the scope to Chapters and substituting a new Table that prescribes ad valorem and nil excise rates for goods under Chapters 39 and 40. The Table lists specific tariff entries and product descriptions, attaching conditions for nil or reduced duty such as use in the factory of production, non availment of input duty credit under rule 57A of the Central Excise Rules, 1944, and specified intended end uses (weaving, sack manufacture, rope manufacture).
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 duty rates on plastics and related products prescribed, with conditional nil exemptions tied to use and input credit restrictions.
The notification amends an earlier central excise notification by broadening the scope to Chapters and substituting a new Table that prescribes ad valorem and nil excise rates for goods under Chapters 39 and 40. The Table lists specific tariff entries and product descriptions, attaching conditions for nil or reduced duty such as use in the factory of production, non availment of input duty credit under rule 57A of the Central Excise Rules, 1944, and specified intended end uses (weaving, sack manufacture, rope manufacture).
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 
