Excise exemption for paper goods: specified duty caps and conditional nil duty for waste from duty-paid paper. Exempts specified Chapter 47 goods from excise duty above prescribed capped rates; all goods under 47.01 are nil, while waste and scrap of paper or paperboard under 4702.00 are subject only to the reduced rate unless a conditional nil duty applies when such waste or scrap arises from paper or paperboard on which appropriate excise or additional customs duty has been paid. The notification deems paper or paperboard purchased from the market to have paid such duty.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption for paper goods: specified duty caps and conditional nil duty for waste from duty-paid paper.
Exempts specified Chapter 47 goods from excise duty above prescribed capped rates; all goods under 47.01 are nil, while waste and scrap of paper or paperboard under 4702.00 are subject only to the reduced rate unless a conditional nil duty applies when such waste or scrap arises from paper or paperboard on which appropriate excise or additional customs duty has been paid. The notification deems paper or paperboard purchased from the market to have paid such duty.
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