Exemption for catalysts manufactured from used metals limits excise duty to value of material added and manufacture charges. The notification exempts catalysts of the specified precious metals manufactured out of used or spent catalysts from excise duty to the extent that duty would exceed the amount calculated with reference only to the value of material, if any, added and the amount charged for such manufacture; 'catalyst' includes compounds of those metals.
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.
Exemption for catalysts manufactured from used metals limits excise duty to value of material added and manufacture charges.
The notification exempts catalysts of the specified precious metals manufactured out of used or spent catalysts from excise duty to the extent that duty would exceed the amount calculated with reference only to the value of material, if any, added and the amount charged for such manufacture; "catalyst" includes compounds of those metals.
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