Excise duty exemption establishes capped ad valorem rate for specified cephalosporin intermediates under central tariff provisions. Central Government exempts specified cephalosporin-related chemical intermediates within Chapters 28 or 29 from that portion of basic excise duty in excess of an ad valorem cap, fixing the effective rate of duty on the listed goods at the capped ad valorem rate; the notification names 6 APA, 7 ACA, 7 ADCA and 7 Amino 3 Chloro 3 Cepham 4 Carboxylic Acid and ties the concession to their tariff classification.
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Excise duty exemption establishes capped ad valorem rate for specified cephalosporin intermediates under central tariff provisions.
Central Government exempts specified cephalosporin-related chemical intermediates within Chapters 28 or 29 from that portion of basic excise duty in excess of an ad valorem cap, fixing the effective rate of duty on the listed goods at the capped ad valorem rate; the notification names 6 APA, 7 ACA, 7 ADCA and 7 Amino 3 Chloro 3 Cepham 4 Carboxylic Acid and ties the concession to their tariff classification.
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