Concessional duty on rough granite blocks caps excise liability by limiting dues to a specified ad valorem amount. Rough granite blocks and slabs classified under the relevant tariff heading are exempted from so much of the excise duty as exceeds the amount calculated at a specified concessional ad valorem rate, thereby capping the excise liability on those goods.
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Concessional duty on rough granite blocks caps excise liability by limiting dues to a specified ad valorem amount.
Rough granite blocks and slabs classified under the relevant tariff heading are exempted from so much of the excise duty as exceeds the amount calculated at a specified concessional ad valorem rate, thereby capping the excise liability on those goods.
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