Exemption to copper products: reduced excise duty applies where goods are made from duty-paid inputs with credit barred. Exemption from excise duty for specified Chapter 74 copper goods is granted to the extent duty exceeds reduced rates in the Table, provided the goods are made from inputs on which excise or additional customs duty has already been paid and no credit under rule 56A or 57A has been taken; the exemption does not apply to primary producers, and all domestic stocks are deemed duty-paid unless clearly 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.
Exemption to copper products: reduced excise duty applies where goods are made from duty-paid inputs with credit barred.
Exemption from excise duty for specified Chapter 74 copper goods is granted to the extent duty exceeds reduced rates in the Table, provided the goods are made from inputs on which excise or additional customs duty has already been paid and no credit under rule 56A or 57A has been taken; the exemption does not apply to primary producers, and all domestic stocks are deemed duty-paid unless clearly non-duty-paid.
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