Excise exemption for recycled precious and platinum group metals limits duty to value added in remanufacture. Exempts catalysts, ingots, powder, sponge and compounds of specified metals when manufactured from used or spent catalysts or metal recovered from old or used articles, from central excise duty to the extent that such duty would exceed the amount calculated with reference only to the value of material added, if any, and the charge for such manufacture; covers items in Chapters 28, 38 and 71 and applies to gold, silver, platinum, palladium, rhodium, iridium, osmium and ruthenium.
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 for recycled precious and platinum group metals limits duty to value added in remanufacture.
Exempts catalysts, ingots, powder, sponge and compounds of specified metals when manufactured from used or spent catalysts or metal recovered from old or used articles, from central excise duty to the extent that such duty would exceed the amount calculated with reference only to the value of material added, if any, and the charge for such manufacture; covers items in Chapters 28, 38 and 71 and applies to gold, silver, platinum, palladium, rhodium, iridium, osmium and ruthenium.
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