Excise duty exemption for specified Chapter 33 goods limits levy by ad valorem rate, subject to licence and use conditions. The Central Government exempts specified Chapter 33 goods from excise duty to the extent the duty exceeds specified ad valorem rates, subject to conditions listed in the Table. The Table ties each listed good to a tariff heading, sets the maximum ad valorem rate for levy, and imposes conditions where applicable, including manufacturing licence requirements, retail price control compliance, and intended industrial use or packaging restrictions.
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 duty exemption for specified Chapter 33 goods limits levy by ad valorem rate, subject to licence and use conditions.
The Central Government exempts specified Chapter 33 goods from excise duty to the extent the duty exceeds specified ad valorem rates, subject to conditions listed in the Table. The Table ties each listed good to a tariff heading, sets the maximum ad valorem rate for levy, and imposes conditions where applicable, including manufacturing licence requirements, retail price control compliance, and intended industrial use or packaging restrictions.
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