Exemption to specified man-made fabrics establishes tiered excise rates by value per square metre under amended tariff table. Amendment substitutes a revised tariff table prescribing excise exemption and charge rules for certain man-made fabrics under headings 54.09, 55.08, 54.12 and 55.11, made under rule 8(1) of the Central Excise Rules, 1944 and section 3(3) of the Additional Duties of Excise Act, establishing tiered rates linked to the value per square metre with specific per square metre charges for lower value bands and ad valorem treatment for higher value bands.
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Exemption to specified man-made fabrics establishes tiered excise rates by value per square metre under amended tariff table.
Amendment substitutes a revised tariff table prescribing excise exemption and charge rules for certain man-made fabrics under headings 54.09, 55.08, 54.12 and 55.11, made under rule 8(1) of the Central Excise Rules, 1944 and section 3(3) of the Additional Duties of Excise Act, establishing tiered rates linked to the value per square metre with specific per square metre charges for lower value bands and ad valorem treatment for higher value bands.
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