Excise exemption for excess sugar production allowed when output exceeds prior-year averages, subject to specified computation and exclusions. Exemption is granted for sugar produced in a factory between 1 October and 30 November 1986 that exceeds the factory's average production for the corresponding periods of 1984-85 and 1985-86, relieving such excess sugar of the whole excise duty specified in the tariff. Production must be computed from Form R.G.1 or Collector specified records; sugar from refining gur, khandsari, or beet-root is excluded; reprocessed prior in process stock is included; reprocessed defective or brown sugar already counted is excluded. The exemption applies to home-consumption clearances equivalent to the excess; special rules address nil-production years.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption for excess sugar production allowed when output exceeds prior-year averages, subject to specified computation and exclusions.
Exemption is granted for sugar produced in a factory between 1 October and 30 November 1986 that exceeds the factory's average production for the corresponding periods of 1984-85 and 1985-86, relieving such excess sugar of the whole excise duty specified in the tariff. Production must be computed from Form R.G.1 or Collector specified records; sugar from refining gur, khandsari, or beet-root is excluded; reprocessed prior in process stock is included; reprocessed defective or brown sugar already counted is excluded. The exemption applies to home-consumption clearances equivalent to the excess; special rules address nil-production years.
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