Excise duty on compounded unvulcanised rubber capped, exempting duty above a specified ad valorem rate. The notification exempts compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip, falling under the relevant tariff heading, from so much of the duty of excise leviable thereon which is in excess of the amount calculated at the rate of fifteen per cent ad valorem.
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Excise duty on compounded unvulcanised rubber capped, exempting duty above a specified ad valorem rate.
The notification exempts compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip, falling under the relevant tariff heading, from so much of the duty of excise leviable thereon which is in excess of the amount calculated at the rate of fifteen per cent ad valorem.
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