Excise exemption limits duty on specified tariff-chapter goods, reducing liability to prescribed rates for listed subheadings. The notification exempts specified Chapter 27 goods from excise duty in excess of the rates prescribed by subheading: two listed subheadings are subject to nil rate for all goods, and a specified petroleum-derivative subheading is subject to an ad valorem rate capped at fifteen percent, thereby limiting leviable duty to the Table rates.
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 exemption limits duty on specified tariff-chapter goods, reducing liability to prescribed rates for listed subheadings.
The notification exempts specified Chapter 27 goods from excise duty in excess of the rates prescribed by subheading: two listed subheadings are subject to nil rate for all goods, and a specified petroleum-derivative subheading is subject to an ad valorem rate capped at fifteen percent, thereby limiting leviable duty to the Table rates.
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