Excise duty exemption caps limit payable duty on specified iron and steel goods to the rates set in notification. The notification limits excise duty on specified iron and steel goods by capping payable duty to prescribed rates-either a specific rupee amount per tonne or a ten percent ad valorem rate-identified by tariff headings and product descriptions in the Table; classifications and certain dimensional definitions (plates, universal plates, hoops) are explained to determine applicability.
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 limit payable duty on specified iron and steel goods to the rates set in notification.
The notification limits excise duty on specified iron and steel goods by capping payable duty to prescribed rates-either a specific rupee amount per tonne or a ten percent ad valorem rate-identified by tariff headings and product descriptions in the Table; classifications and certain dimensional definitions (plates, universal plates, hoops) are explained to determine applicability.
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