Excise concession: foam rubber lubricating pads supplied to Indian Railways exempted beyond a concessional ad valorem rate. The Central Government, exercising its statutory exemption power under the Central Excises regime, exempts foam rubber lubricating pads under sub heading 4016.11 supplied to Indian Railways from any excise duty exceeding the amount calculated at a concessional ad valorem rate, the concession being granted in the public interest and contingent on the goods' tariff classification and intended use by Indian Railways.
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Provisions expressly mentioned in the judgment/order text.
Excise concession: foam rubber lubricating pads supplied to Indian Railways exempted beyond a concessional ad valorem rate.
The Central Government, exercising its statutory exemption power under the Central Excises regime, exempts foam rubber lubricating pads under sub heading 4016.11 supplied to Indian Railways from any excise duty exceeding the amount calculated at a concessional ad valorem rate, the concession being granted in the public interest and contingent on the goods' tariff classification and intended use by Indian Railways.
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