Excise exemption for automatic cone winding machines limits leviable duty to a capped ad valorem rate under Central Excise rules. The Central Government exempts automatic cone winding machines from so much of the duty of excise leviable thereon as is in excess of the amount calculated at the rate of five per cent ad valorem, under powers conferred by the Central Excise Rules.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption for automatic cone winding machines limits leviable duty to a capped ad valorem rate under Central Excise rules.
The Central Government exempts automatic cone winding machines from so much of the duty of excise leviable thereon as is in excess of the amount calculated at the rate of five per cent ad valorem, under powers conferred by the Central Excise Rules.
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