Excise exemption for fuel-efficient light commercial vehicles limits duty to a capped ad valorem rate, conditional on certification and testing. The notification exempts fuel efficient light commercial motor vehicles with indirect injection engines and payload up to 4000 kilograms from excise duty in excess of a capped ad valorem rate, conditional on manufacture under an approved programme and certification of fuel-efficiency. Certification must be by a Deputy Secretary in the Ministry of Industry based on Fuel Efficiency Tests by specified agencies. Vehicles cleared without the certificate require an undertaking to produce it within a limited extension or to remit the differential duty if the certificate is not produced.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption for fuel-efficient light commercial vehicles limits duty to a capped ad valorem rate, conditional on certification and testing.
The notification exempts fuel efficient light commercial motor vehicles with indirect injection engines and payload up to 4000 kilograms from excise duty in excess of a capped ad valorem rate, conditional on manufacture under an approved programme and certification of fuel-efficiency. Certification must be by a Deputy Secretary in the Ministry of Industry based on Fuel Efficiency Tests by specified agencies. Vehicles cleared without the certificate require an undertaking to produce it within a limited extension or to remit the differential duty if the certificate is not produced.
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