Excise tariff amendment adjusts ad valorem treatment and eligibility conditions for specified plastic goods and plastic fabric bags. Amendment revises Notification No. 53/88 C.E. by substituting tariff entries, increasing ad valorem rates for specified plastic products, adding a proviso denying concession where input duty credit under rule 57A has been availed, and inserting a new entry for bags or sacks and their fabrics woven from plastic strips or tapes with an ad valorem rate.
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Excise tariff amendment adjusts ad valorem treatment and eligibility conditions for specified plastic goods and plastic fabric bags.
Amendment revises Notification No. 53/88 C.E. by substituting tariff entries, increasing ad valorem rates for specified plastic products, adding a proviso denying concession where input duty credit under rule 57A has been availed, and inserting a new entry for bags or sacks and their fabrics woven from plastic strips or tapes with an ad valorem rate.
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