Effective Excise Rates: Notification limits excise liability on specified Chapter 21 food items to prescribed rates with targeted exemptions. The notification prescribes effective excise rates for goods under Chapter 21 and exempts from duty that portion exceeding the amount calculated at the prescribed rates. A Table enumerates sub heading specific treatment, including nil rates for many entries, specified ad valorem duty for certain preparations and specified specific duties for designated products. The notification defines 'ice cream' for its purposes and states that 'value' is to be determined under section 4 of the Central Excises and Salt Act, 1944.
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 Rates: Notification limits excise liability on specified Chapter 21 food items to prescribed rates with targeted exemptions.
The notification prescribes effective excise rates for goods under Chapter 21 and exempts from duty that portion exceeding the amount calculated at the prescribed rates. A Table enumerates sub heading specific treatment, including nil rates for many entries, specified ad valorem duty for certain preparations and specified specific duties for designated products. The notification defines "ice cream" for its purposes and states that "value" is to be determined under section 4 of the Central Excises and Salt Act, 1944.
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