Excise duty exemption for specified plastic articles caps levy to a stated ad valorem rate; excess is exempted. Exempts specified plastic articles under Chapter 39 from excise duty to the extent that duty exceeds the amount calculated at 15 per cent ad valorem; applies to an enumerated list of household and serving plastic goods, thereby capping the effective levy for those goods.
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 plastic articles caps levy to a stated ad valorem rate; excess is exempted.
Exempts specified plastic articles under Chapter 39 from excise duty to the extent that duty exceeds the amount calculated at 15 per cent ad valorem; applies to an enumerated list of household and serving plastic goods, thereby capping the effective levy for those goods.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.