Excise duty exemption for specified cutlery and razors, capping liability at prescribed effective rates under Central Excise Rules. The notification, issued under sub rule (1) of rule 8 of the Central Excise Rules, 1944, exempts specified Chapter 82 goods from excise to the extent that duty exceeds the effective rates set in the Table; three categories-razors and razor blades; other cutlery including manicure and pedicure sets; and various spoons, forks and similar kitchen or tableware-are each assigned the same prescribed effective rate, which caps the excise liability on those goods.
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 exemption for specified cutlery and razors, capping liability at prescribed effective rates under Central Excise Rules.
The notification, issued under sub rule (1) of rule 8 of the Central Excise Rules, 1944, exempts specified Chapter 82 goods from excise to the extent that duty exceeds the effective rates set in the Table; three categories-razors and razor blades; other cutlery including manicure and pedicure sets; and various spoons, forks and similar kitchen or tableware-are each assigned the same prescribed effective rate, which caps the excise liability on those goods.
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 
