Excise exemption for zinc products limits payable duty where inputs duty has already been paid and no credit claimed. Certain zinc goods listed by tariff heading are afforded an excise duty cap at specified rates, conditional on manufacture from Chapter 79 inputs on which excise or additional customs duty has already been paid and provided that no credit of such duty has been taken under rule 56A or rule 57A; the exemption does not apply to products of a primary producer, and domestic stocks of inputs are deemed duty-paid unless clearly recognisable as non-duty-paid.
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 zinc products limits payable duty where inputs duty has already been paid and no credit claimed.
Certain zinc goods listed by tariff heading are afforded an excise duty cap at specified rates, conditional on manufacture from Chapter 79 inputs on which excise or additional customs duty has already been paid and provided that no credit of such duty has been taken under rule 56A or rule 57A; the exemption does not apply to products of a primary producer, and domestic stocks of inputs are deemed duty-paid unless clearly recognisable as non-duty-paid.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
