Excise exemption for newsprint rejects subject to genuineness proof and authorized officer verification. Exemption is granted for newsprint rejects under Heading No. 48.01 from the whole of excise duty specified in the Tariff, provided the rejects are proved genuine and do not exceed a prescribed proportion of the factory's total newsprint production in a financial year, with satisfaction by an officer not below the rank of Assistant Collector of Central Excise required.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption for newsprint rejects subject to genuineness proof and authorized officer verification.
Exemption is granted for newsprint rejects under Heading No. 48.01 from the whole of excise duty specified in the Tariff, provided the rejects are proved genuine and do not exceed a prescribed proportion of the factory's total newsprint production in a financial year, with satisfaction by an officer not below the rank of Assistant Collector of Central Excise required.
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