Effective excise rate for pan masala: duty capped by tobacco content and assessed value, limiting excise payable. The notification limits excise liability on pan masala by capping duty payable: it sets an ad valorem cap for pan masala containing tobacco and specific duty caps for non-tobacco pan masala differentiated by assessed value, thereby exempting duty in excess of those capped amounts; value for this purpose is determined under the statutory value-determination provisions and the notification supersedes the earlier corresponding notification.
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.
Effective excise rate for pan masala: duty capped by tobacco content and assessed value, limiting excise payable.
The notification limits excise liability on pan masala by capping duty payable: it sets an ad valorem cap for pan masala containing tobacco and specific duty caps for non-tobacco pan masala differentiated by assessed value, thereby exempting duty in excess of those capped amounts; value for this purpose is determined under the statutory value-determination provisions and the notification supersedes the earlier corresponding notification.
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