Excise exemption for captive use: PVC compounds and footwear parts exempt when used to make exempt or nil rated goods. Amendments provide that polyvinyl chloride compounds (PVC compounds) and parts of footwear are exempt from excise duty when used in the factory of their production for the manufacture of goods that are exempt from duty or chargeable at the nil rate; the exemption is effected by inserting entries into the tariff table and is conditioned on captive use and the duty status of the final goods.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption for captive use: PVC compounds and footwear parts exempt when used to make exempt or nil rated goods.
Amendments provide that polyvinyl chloride compounds (PVC compounds) and parts of footwear are exempt from excise duty when used in the factory of their production for the manufacture of goods that are exempt from duty or chargeable at the nil rate; the exemption is effected by inserting entries into the tariff table and is conditioned on captive use and the duty status of the final goods.
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