Exemption on tread rubber: duty relief for small-scale clearances subject to aggregate quantity and value caps. This notification grants a limited exemption from central excise duty for specified retreading materials in Chapter 40 when cleared for home consumption, staged by aggregate quantity bands with relief only above specified per-kilogram thresholds. Eligibility is subject to prior-year and current-year value and quantity ceilings at both manufacturer and factory levels; new manufacturers or factories may claim the exemption upon filing a declaration and remaining within prescribed limits. Exempt clearances under certain whole-duty exemptions are excluded from aggregate-value computations. The notification is effective from 1 April 1988.
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 on tread rubber: duty relief for small-scale clearances subject to aggregate quantity and value caps.
This notification grants a limited exemption from central excise duty for specified retreading materials in Chapter 40 when cleared for home consumption, staged by aggregate quantity bands with relief only above specified per-kilogram thresholds. Eligibility is subject to prior-year and current-year value and quantity ceilings at both manufacturer and factory levels; new manufacturers or factories may claim the exemption upon filing a declaration and remaining within prescribed limits. Exempt clearances under certain whole-duty exemptions are excluded from aggregate-value computations. The notification is effective from 1 April 1988.
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