Exemption thresholds for specified compressors and air conditioners revised under notification amendment, altering per unit central excise exemption levels. Amendment revises the notification table to substitute increased per unit exemption amounts for compressors and to replace air conditioner and refrigerator entries with capacity banded per unit exemptions; water coolers are Nil and other refrigerating appliances are subject to sixty per cent ad valorem. It also adds Explanation (2) excluding kits containing automotive gas compressors from the definition of car air conditioner kits.
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Provisions expressly mentioned in the judgment/order text.
Exemption thresholds for specified compressors and air conditioners revised under notification amendment, altering per unit central excise exemption levels.
Amendment revises the notification table to substitute increased per unit exemption amounts for compressors and to replace air conditioner and refrigerator entries with capacity banded per unit exemptions; water coolers are Nil and other refrigerating appliances are subject to sixty per cent ad valorem. It also adds Explanation (2) excluding kits containing automotive gas compressors from the definition of car air conditioner kits.
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