Set-off of special excise duty: exemption allows credit for duty paid on inputs against duty on final goods, with conditions. The Central Government exempts goods from that portion of special excise duty equal to the special duty already paid on specified inputs used in their manufacture, permitting set-off of input duty against the duty leviable on the final goods; this exemption supersedes an earlier notification and is available only where separate notifications by the Central Government grant exemption to that equivalent extent for the specified inputs.
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.
Set-off of special excise duty: exemption allows credit for duty paid on inputs against duty on final goods, with conditions.
The Central Government exempts goods from that portion of special excise duty equal to the special duty already paid on specified inputs used in their manufacture, permitting set-off of input duty against the duty leviable on the final goods; this exemption supersedes an earlier notification and is available only where separate notifications by the Central Government grant exemption to that equivalent extent for the specified inputs.
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