Excise duty exemption caps liability for goods under specified tariff sub-headings at a fixed ad valorem rate. Under section 5A of the Central Excises and Salt Act, 1944, the notification exempts goods under sub-heading Nos. 7803.30 and 7904.30 from so much of the excise duty leviable under the Tariff Schedule as is in excess of the amount calculated at the specified 15% ad valorem rate, thereby capping excise liability for those goods at that ad valorem rate.
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 caps liability for goods under specified tariff sub-headings at a fixed ad valorem rate.
Under section 5A of the Central Excises and Salt Act, 1944, the notification exempts goods under sub-heading Nos. 7803.30 and 7904.30 from so much of the excise duty leviable under the Tariff Schedule as is in excess of the amount calculated at the specified 15% ad valorem rate, thereby capping excise liability for those goods at that ad valorem rate.
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