Excise exemption for compounded rubber: duty waived when used in factory as input for manufacture of rubber goods. Compounded rubber under Heading No. 40.05 is exempt from the whole of the excise duty specified in the Central Excise Tariff Act, 1985, provided such compounded rubber is used in the factory of its production for the manufacture of goods falling under Chapter 40. The exemption is granted under sub rule (1) of rule 8 of the Central Excise Rules, 1944 and applies only where the compound is consumed as an input in the same factory for manufacture of rubber goods.
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 exemption for compounded rubber: duty waived when used in factory as input for manufacture of rubber goods.
Compounded rubber under Heading No. 40.05 is exempt from the whole of the excise duty specified in the Central Excise Tariff Act, 1985, provided such compounded rubber is used in the factory of its production for the manufacture of goods falling under Chapter 40. The exemption is granted under sub rule (1) of rule 8 of the Central Excise Rules, 1944 and applies only where the compound is consumed as an input in the same factory for manufacture of rubber goods.
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