Excise exemption for specified copper products subject to conditional reduced duty and usage restrictions under notification. Exemption reduces or nil-rates central excise duty for specified copper and aluminium goods conditional on permitted end-uses and administrative certification. Nil rates apply to mint-produced blanks and sheets used for coin manufacture, to copper wire up to six millimetres used to produce winding wires, and to very fine bare copper wire when certified as intended for imitation zari. A specified reduced amount applies to copper plates, sheets, blanks and strip supplied to ordnance factories where manufactured from factory-supplied materials, receipt is certified to the Assistant Collector and no duty credit on supplied materials is claimed.
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 specified copper products subject to conditional reduced duty and usage restrictions under notification.
Exemption reduces or nil-rates central excise duty for specified copper and aluminium goods conditional on permitted end-uses and administrative certification. Nil rates apply to mint-produced blanks and sheets used for coin manufacture, to copper wire up to six millimetres used to produce winding wires, and to very fine bare copper wire when certified as intended for imitation zari. A specified reduced amount applies to copper plates, sheets, blanks and strip supplied to ordnance factories where manufactured from factory-supplied materials, receipt is certified to the Assistant Collector and no duty credit on supplied materials is claimed.
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 
