Excise duty exemption for cotton yarn capped by specified effective basic rates under the central tariff schedule. Goods falling under the specified cotton yarn tariff sub headings are exempted from that portion of basic excise duty exceeding the amount calculated at the effective basic rates set in the Table; those rates are expressed either as a fixed paise component plus a paise per count per kilogram amount beyond a count threshold, or as a straight paise per count per kilogram rate.
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 cotton yarn capped by specified effective basic rates under the central tariff schedule.
Goods falling under the specified cotton yarn tariff sub headings are exempted from that portion of basic excise duty exceeding the amount calculated at the effective basic rates set in the Table; those rates are expressed either as a fixed paise component plus a paise per count per kilogram amount beyond a count threshold, or as a straight paise per count per kilogram rate.
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