Concessional excise duty for evaporative coolers: duty liability capped at a specified ad valorem rate under statutory authority. The Central Government, under sub section (1) of section 5A of the Central Excises and Salt Act, 1944, exempts evaporative type coolers in Chapter 84 from so much of the excise duty as exceeds the amount calculated at the rate of fifteen per cent ad valorem, thereby fixing a concessional excise liability capped at that ad valorem rate.
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.
Concessional excise duty for evaporative coolers: duty liability capped at a specified ad valorem rate under statutory authority.
The Central Government, under sub section (1) of section 5A of the Central Excises and Salt Act, 1944, exempts evaporative type coolers in Chapter 84 from so much of the excise duty as exceeds the amount calculated at the rate of fifteen per cent ad valorem, thereby fixing a concessional excise liability capped at that ad valorem rate.
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