Excise exemption for specified wood products: nil or reduced duty applies based on classification, use, and production conditions. The notification exempts specified wood goods from excise duty in excess of stated rates, granting nil duty for several categories (including wood wool, sleepers, certain sawn wood, veneers and articles of wood) and conditional nil exemptions where goods are used within the factory for manufacture of other wood articles or paper, or where no power-aided process is ordinarily used; ad valorem rates apply to particle/fibre boards and certain plywood, with a reduced rate for tea-chest plywood meeting relevant standards or directly supplied to tea factories.
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 wood products: nil or reduced duty applies based on classification, use, and production conditions.
The notification exempts specified wood goods from excise duty in excess of stated rates, granting nil duty for several categories (including wood wool, sleepers, certain sawn wood, veneers and articles of wood) and conditional nil exemptions where goods are used within the factory for manufacture of other wood articles or paper, or where no power-aided process is ordinarily used; ad valorem rates apply to particle/fibre boards and certain plywood, with a reduced rate for tea-chest plywood meeting relevant standards or directly supplied to tea factories.
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