Excise exemption for vegetable products caps additional duty above a prescribed per tonne rate, limiting levy on specified tariff items. The notification exempts goods classifiable under the tariff sub heading for vegetable products from so much of the excise duty as exceeds the amount calculated at the prescribed per tonne rate, thereby capping additional duty payable and altering levy calculation and compliance for affected goods.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption for vegetable products caps additional duty above a prescribed per tonne rate, limiting levy on specified tariff items.
The notification exempts goods classifiable under the tariff sub heading for vegetable products from so much of the excise duty as exceeds the amount calculated at the prescribed per tonne rate, thereby capping additional duty payable and altering levy calculation and compliance for affected goods.
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