Excise duty exemption for certain larger aluminium wire and wire rods, subject to producer and credit conditions. Exempts from excise duty that portion in excess of a prescribed per tonne rate aluminium wire-rods and wire with maximum cross-sectional dimension exceeding 6 mm, under specified tariff sub-headings, issued under section 5A and superseding an earlier notification. The exemption is conditional on the goods being produced by manufacturers other than primary producers and on no credit of duty having been taken under rule 56A or 57A; 'primary producer' is defined as a person licensed or registered under the Industries (Development and Regulation) Act who produces aluminium from bauxite or alumina.
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 certain larger aluminium wire and wire rods, subject to producer and credit conditions.
Exempts from excise duty that portion in excess of a prescribed per tonne rate aluminium wire-rods and wire with maximum cross-sectional dimension exceeding 6 mm, under specified tariff sub-headings, issued under section 5A and superseding an earlier notification. The exemption is conditional on the goods being produced by manufacturers other than primary producers and on no credit of duty having been taken under rule 56A or 57A; "primary producer" is defined as a person licensed or registered under the Industries (Development and Regulation) Act who produces aluminium from bauxite or alumina.
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 
