Set-off of duty credit for specified minor oils allowed for hydrogenated vegetable product manufacture, subject to use and certification conditions. Specification permitting set-off of duty by granting credit for specified fixed vegetable oils used in manufacture of vegetable products under sub-heading 1504.00, with designated rates per tonne. Credit may be taken only for oil hydrogenated on or after the commencement date and only on the date of hydrogenation; utilisation of credit taken in a month is permitted only after the succeeding month begins; utilisation per clearance is capped and excess credit is non-refundable and non-transferable; solvent extracted oils require a verifying certificate from an authorised officer within a prescribed period.
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.
Set-off of duty credit for specified minor oils allowed for hydrogenated vegetable product manufacture, subject to use and certification conditions.
Specification permitting set-off of duty by granting credit for specified fixed vegetable oils used in manufacture of vegetable products under sub-heading 1504.00, with designated rates per tonne. Credit may be taken only for oil hydrogenated on or after the commencement date and only on the date of hydrogenation; utilisation of credit taken in a month is permitted only after the succeeding month begins; utilisation per clearance is capped and excess credit is non-refundable and non-transferable; solvent extracted oils require a verifying certificate from an authorised officer within a prescribed period.
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