Special excise duty effective rates limit excess levy, with listed tariff items exempt and others subject to a residual rate. Notification exempts goods from that portion of special excise duty exceeding specified effective rates. Goods within listed tariff headings are assigned a nil effective rate; all other goods in the Schedule are subject to an effective rate equal to five per cent of the excise duty chargeable under the Central Excises and Salt Act, subject to any applicable notifications.
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.
Special excise duty effective rates limit excess levy, with listed tariff items exempt and others subject to a residual rate.
Notification exempts goods from that portion of special excise duty exceeding specified effective rates. Goods within listed tariff headings are assigned a nil effective rate; all other goods in the Schedule are subject to an effective rate equal to five per cent of the excise duty chargeable under the Central Excises and Salt Act, subject to any applicable notifications.
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