Excise duty cap limits payable excise on specified tariff goods to a fixed ad valorem amount. The notification caps excise liability for goods under the specified tariff sub heading by exempting any duty in excess of the amount computed at a prescribed ad valorem rate, thereby limiting payable excise to that ad valorem amount under powers conferred by sub rule (1) of rule 8 of the Central Excise Rules, 1944 and the Schedule to the Central Excise Tariff Act, 1985.
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 duty cap limits payable excise on specified tariff goods to a fixed ad valorem amount.
The notification caps excise liability for goods under the specified tariff sub heading by exempting any duty in excess of the amount computed at a prescribed ad valorem rate, thereby limiting payable excise to that ad valorem amount under powers conferred by sub rule (1) of rule 8 of the Central Excise Rules, 1944 and the Schedule to the Central Excise Tariff Act, 1985.
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