Central Excise exemption thresholds revised and scope extended to exports to neighboring countries, with adjusted percentage conditions. Amendments increase monetary exemption thresholds in Notification No. 231/85-C.E. and, in Notification No. 75/87-C.E., extend applicability to include export to Nepal or Bhutan, substitute higher monetary limits at multiple places, reduce a specified percentage condition from sixty per cent to fifty per cent, and raise limits in paragraphs 2-4 by substituting higher figures. The changes take effect from the 1st day of April, 1993, thereby modifying eligibility and benefit parameters under the enumerated Central Excise exemption provisions.
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.
Central Excise exemption thresholds revised and scope extended to exports to neighboring countries, with adjusted percentage conditions.
Amendments increase monetary exemption thresholds in Notification No. 231/85-C.E. and, in Notification No. 75/87-C.E., extend applicability to include export to Nepal or Bhutan, substitute higher monetary limits at multiple places, reduce a specified percentage condition from sixty per cent to fifty per cent, and raise limits in paragraphs 2-4 by substituting higher figures. The changes take effect from the 1st day of April, 1993, thereby modifying eligibility and benefit parameters under the enumerated Central Excise exemption provisions.
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 
