Exemption of excise duty on specified goods with conditional nil rates for in house textile auxiliaries and animal feed. The notification fixes effective excise duty rates for specified tariff entries by exempting duty in excess of the rate specified in the Table, subject to stated conditions. Textile auxiliaries (finishing agents, dye carriers, printing paste) attract a nil effective rate when manufactured and used in the same factory for textile manufacture. Animal feed wet cake is likewise nil when used within the factory of production for animal feed. Other listed items, including insecticides and plant growth regulators, are subject to reduced ad valorem effective rates as specified.
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.
Exemption of excise duty on specified goods with conditional nil rates for in house textile auxiliaries and animal feed.
The notification fixes effective excise duty rates for specified tariff entries by exempting duty in excess of the rate specified in the Table, subject to stated conditions. Textile auxiliaries (finishing agents, dye carriers, printing paste) attract a nil effective rate when manufactured and used in the same factory for textile manufacture. Animal feed wet cake is likewise nil when used within the factory of production for animal feed. Other listed items, including insecticides and plant growth regulators, are subject to reduced ad valorem effective rates as specified.
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 
