Excise duty rate cap on cash registers limits excess duty to a fixed ad valorem rate for lower-value registers. The notification exempts cash registers of the specified tariff classification and whose individual value falls at or below a notified threshold from that portion of excise duty which exceeds the amount computed at a fixed ad valorem rate, with 'value' to be determined under the statutory valuation provisions and eligibility tied to classification and valuation.
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Provisions expressly mentioned in the judgment/order text.
Excise duty rate cap on cash registers limits excess duty to a fixed ad valorem rate for lower-value registers.
The notification exempts cash registers of the specified tariff classification and whose individual value falls at or below a notified threshold from that portion of excise duty which exceeds the amount computed at a fixed ad valorem rate, with "value" to be determined under the statutory valuation provisions and eligibility tied to classification and valuation.
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