Excise exemption for coin-production metal scrap permitted when material is job-processed and returned for coin manufacture. Exemption from whole excise duty is granted for waste and scrap of Cupro-nickel and Aluminium Magnesium arising during coin production and falling under Chapters 74, 75, 76 or 81, provided such material is cleared from the mint to a job-worker for conversion into strips on a job basis and the mint gives an undertaking at clearance to the Assistant Collector that the strips will be returned for use in coin production.
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.
Excise exemption for coin-production metal scrap permitted when material is job-processed and returned for coin manufacture.
Exemption from whole excise duty is granted for waste and scrap of Cupro-nickel and Aluminium Magnesium arising during coin production and falling under Chapters 74, 75, 76 or 81, provided such material is cleared from the mint to a job-worker for conversion into strips on a job basis and the mint gives an undertaking at clearance to the Assistant Collector that the strips will be returned for use in coin production.
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