Prescribing effective rates of additional excise duty (in lieu of sales tax) in respect of fabrics falling within Chapters 52 to 59. - 48/90 - Central Excise - Tariff
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Additional excise duty rates for fabrics prescribed by value and fabric type, with tailored exemptions for handloom processing. Prescribes effective rates of additional excise duty in lieu of sales tax for fabrics in Chapters 52-59 by exempting specified goods from duty in excess of amounts calculated at rates listed in the Table; the Table sets banded specific per square metre charges and ad valorem percentages by value per square metre for different fabric headings and includes special nil or reduced treatments for fabrics processed without power or steam, fabrics processed in approved handloom/cooperative factories, and reduced duty for approved independent processors.
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.
Additional excise duty rates for fabrics prescribed by value and fabric type, with tailored exemptions for handloom processing.
Prescribes effective rates of additional excise duty in lieu of sales tax for fabrics in Chapters 52-59 by exempting specified goods from duty in excess of amounts calculated at rates listed in the Table; the Table sets banded specific per square metre charges and ad valorem percentages by value per square metre for different fabric headings and includes special nil or reduced treatments for fabrics processed without power or steam, fabrics processed in approved handloom/cooperative factories, and reduced duty for approved independent processors.
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