Excise duty exemption for chassis used in manufacture of battery powered road vehicles requires compliance with prescribed procedure. Exempts chassis classified under Chapter 87 required for manufacture of battery powered road vehicles from excise duty to the extent that duty exceeds an ad valorem rate of five percent, provided the procedural requirements of the Central Excise Rules are followed; 'battery powered road vehicles' means vehicles run solely on electrical energy from one or more batteries fitted to them.
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 chassis used in manufacture of battery powered road vehicles requires compliance with prescribed procedure.
Exempts chassis classified under Chapter 87 required for manufacture of battery powered road vehicles from excise duty to the extent that duty exceeds an ad valorem rate of five percent, provided the procedural requirements of the Central Excise Rules are followed; 'battery powered road vehicles' means vehicles run solely on electrical energy from one or more batteries fitted to them.
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