Excise exemption for specified cotton fabrics reduces additional duty based on yarn count and value per square metre. Notification exempts specified cotton fabrics from that portion of additional excise duty in excess of reduced rates, applying by tariff heading and by product criteria: average yarn count and value per square metre. The Table sets tiered bands of value per square metre and prescribes for each band either a specific nominal duty per square metre or an ad valorem percentage as the reduced duty benchmark.
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 specified cotton fabrics reduces additional duty based on yarn count and value per square metre.
Notification exempts specified cotton fabrics from that portion of additional excise duty in excess of reduced rates, applying by tariff heading and by product criteria: average yarn count and value per square metre. The Table sets tiered bands of value per square metre and prescribes for each band either a specific nominal duty per square metre or an ad valorem percentage as the reduced duty benchmark.
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