Excise duty exemption for copper coated steel strips limits liability above specified per tonne rate under tariff schedule. The notification exempts copper coated steel strips under sub heading 7212.90 from excise duty to the extent that duty exceeds the amount computed at a specified per tonne rate, thereby capping excise liability for those goods and disallowing any scheduled duty above the stated per tonne amount.
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Excise duty exemption for copper coated steel strips limits liability above specified per tonne rate under tariff schedule.
The notification exempts copper coated steel strips under sub heading 7212.90 from excise duty to the extent that duty exceeds the amount computed at a specified per tonne rate, thereby capping excise liability for those goods and disallowing any scheduled duty above the stated per tonne amount.
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