Exemption for plastics-coated textile fabrics limited by annual clearance caps and prior-year clearance threshold for applicability. Textile fabrics impregnated, coated, covered or laminated with plastics under heading 59.03 are exempted from that part of additional excise duty which exceeds an amount calculated at 50% of the rate leviable under the Additional Duties of Excise (Goods of Special Importance) Act, 1957, subject to notifications under rule 8(1) of the Central Excise Rules, 1944, and provided aggregate first clearances for home consumption by a manufacturer (or from a factory by multiple manufacturers) do not exceed the stated annual quantity and do not breach the prior year clearance threshold.
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Provisions expressly mentioned in the judgment/order text.
Exemption for plastics-coated textile fabrics limited by annual clearance caps and prior-year clearance threshold for applicability.
Textile fabrics impregnated, coated, covered or laminated with plastics under heading 59.03 are exempted from that part of additional excise duty which exceeds an amount calculated at 50% of the rate leviable under the Additional Duties of Excise (Goods of Special Importance) Act, 1957, subject to notifications under rule 8(1) of the Central Excise Rules, 1944, and provided aggregate first clearances for home consumption by a manufacturer (or from a factory by multiple manufacturers) do not exceed the stated annual quantity and do not breach the prior year clearance threshold.
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