Special excise duty cap imposed, excess duty exempted under enabling Finance Bill provisions and provisional collection authority. Prescribes a cap on special excise duty by exempting that portion of the duty under the Finance Bill provision which exceeds five percent of the amount chargeable on goods in the Central Excise Tariff Schedule, invoked under the enabling statutory powers and provisional collection mechanism, while preserving any other existing exemptions for those goods.
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 cap imposed, excess duty exempted under enabling Finance Bill provisions and provisional collection authority.
Prescribes a cap on special excise duty by exempting that portion of the duty under the Finance Bill provision which exceeds five percent of the amount chargeable on goods in the Central Excise Tariff Schedule, invoked under the enabling statutory powers and provisional collection mechanism, while preserving any other existing exemptions for those goods.
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