Excise exemption for recycled precious metals limits duty to added-material value and re-processing charges. Exemption limits excise duty on articles re-made or re-conditioned from old or used precious-metal articles to the duty corresponding to the value of material added and the charges for re-making or re-conditioning; duty in excess of that amount is not leviable. The scope covers specified metals and alloys in which a listed metal predominates or alloys meeting the gold-content threshold.
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 metals limits duty to added-material value and re-processing charges.
Exemption limits excise duty on articles re-made or re-conditioned from old or used precious-metal articles to the duty corresponding to the value of material added and the charges for re-making or re-conditioning; duty in excess of that amount is not leviable. The scope covers specified metals and alloys in which a listed metal predominates or alloys meeting the gold-content threshold.
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