Effective duty rates for tread rubber updated, substituting prior rupee amounts and expanding statutory applicability. Amendment substitutes increased rupee-and-paise amounts in clauses (a), (b) and (c) of the earlier notification to alter effective excise duty rates on tread rubber manufactured by small units, and inserts in Explanation II an explicit reference to sub section (1) of section 5A of the Central Excises and Salt Act, 1944 to broaden the statutory basis for applicability.
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Effective duty rates for tread rubber updated, substituting prior rupee amounts and expanding statutory applicability.
Amendment substitutes increased rupee-and-paise amounts in clauses (a), (b) and (c) of the earlier notification to alter effective excise duty rates on tread rubber manufactured by small units, and inserts in Explanation II an explicit reference to sub section (1) of section 5A of the Central Excises and Salt Act, 1944 to broaden the statutory basis for applicability.
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