Excise duty exemption caps basic duty on specified ceramic goods at a capped ad valorem rate. The Central Government exempts goods falling under sub heading No. 6908.90 from so much of the duty of excise leviable thereon which is in excess of the amount calculated at the rate of ten per cent ad valorem, thereby capping the effective basic excise duty for that tariff subheading.
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Provisions expressly mentioned in the judgment/order text.
Excise duty exemption caps basic duty on specified ceramic goods at a capped ad valorem rate.
The Central Government exempts goods falling under sub heading No. 6908.90 from so much of the duty of excise leviable thereon which is in excess of the amount calculated at the rate of ten per cent ad valorem, thereby capping the effective basic excise duty for that tariff subheading.
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