Small scale exemption for plastic laminated textile fabrics limits excise to specified per metre rates subject to annual caps. Exempts specified plastic impregnated, coated, covered or laminated textile fabrics from central excise duty to the extent duty exceeds fixed per square metre rates set for each sub heading, with rates varying by base fabric and adjusted to include any duty on the base fabric where unpaid; the exemption is conditional on an annual aggregate quantity cap and a prior year aggregate value threshold, beyond which the concessional rates will not apply.
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.
Small scale exemption for plastic laminated textile fabrics limits excise to specified per metre rates subject to annual caps.
Exempts specified plastic impregnated, coated, covered or laminated textile fabrics from central excise duty to the extent duty exceeds fixed per square metre rates set for each sub heading, with rates varying by base fabric and adjusted to include any duty on the base fabric where unpaid; the exemption is conditional on an annual aggregate quantity cap and a prior year aggregate value threshold, beyond which the concessional rates will not apply.
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