Effective special excise duty rates fixed for schedule goods: specified headings nil; other goods subject to a reduced excise rate. The Central Government, under section 5A of the Central Excises and Salt Act and section 4(4) of the Finance Act, 1991, exempts goods in the annexed Table from that part of special excise duty exceeding the effective rates specified. The Table sets two categories: specified tariff headings and sub-headings attract a nil effective special duty; all other Schedule goods attract an effective special duty calculated as a percentage of the excise duty chargeable under the Central Excise statute, subject to existing notifications.
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Provisions expressly mentioned in the judgment/order text.
Effective special excise duty rates fixed for schedule goods: specified headings nil; other goods subject to a reduced excise rate.
The Central Government, under section 5A of the Central Excises and Salt Act and section 4(4) of the Finance Act, 1991, exempts goods in the annexed Table from that part of special excise duty exceeding the effective rates specified. The Table sets two categories: specified tariff headings and sub-headings attract a nil effective special duty; all other Schedule goods attract an effective special duty calculated as a percentage of the excise duty chargeable under the Central Excise statute, subject to existing notifications.
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