Excise duty exemption for forgings requires their use in manufacture of duty-exempt goods and compliance with prescribed procedures. The Central Government exempts forgings and forged products under the specified tariff classification from the whole of excise duty, conditioned on their use in the manufacture of goods that are themselves wholly exempt from excise duty and, where such use occurs outside the factory of production, compliance with the prescribed procedural requirements for offsite use.
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 forgings requires their use in manufacture of duty-exempt goods and compliance with prescribed procedures.
The Central Government exempts forgings and forged products under the specified tariff classification from the whole of excise duty, conditioned on their use in the manufacture of goods that are themselves wholly exempt from excise duty and, where such use occurs outside the factory of production, compliance with the prescribed procedural requirements for offsite use.
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 
