Set-off of special excise duty: goods exempted to extent of duty already paid on inputs when corresponding notifications issued. Exemption allows set-off of special duty of excise paid on specified inputs against the special duty leviable on the final goods manufactured from those inputs, reducing the duty on final goods by an amount equivalent to duty already paid on inputs, but only where the Central Government issues a notification exempting those goods to the equivalent extent for the specified inputs.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Set-off of special excise duty: goods exempted to extent of duty already paid on inputs when corresponding notifications issued.
Exemption allows set-off of special duty of excise paid on specified inputs against the special duty leviable on the final goods manufactured from those inputs, reducing the duty on final goods by an amount equivalent to duty already paid on inputs, but only where the Central Government issues a notification exempting those goods to the equivalent extent for the specified inputs.
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