Excise duty exemption for specified paperboard goods removes liability on duty above a prescribed ad valorem rate. The notification exempts goods classified under Sub heading No. 4823.90, excluding sheets of paper or paperboard impregnated, coated or covered with plastics and compressed together, from that portion of excise duty which exceeds the amount calculated at 12% ad valorem.
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Excise duty exemption for specified paperboard goods removes liability on duty above a prescribed ad valorem rate.
The notification exempts goods classified under Sub heading No. 4823.90, excluding sheets of paper or paperboard impregnated, coated or covered with plastics and compressed together, from that portion of excise duty which exceeds the amount calculated at 12% ad valorem.
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