Excise exemption for pan masala limits duty to a fixed per kilogram rate where value is below specified threshold. Pan masala falling under sub heading 2106.11 with value not exceeding the prescribed threshold is exempt from so much of excise duty as exceeds an amount calculated at a specified per kilogram rate; 'value' is to be determined in accordance with the statutory valuation provision governing excise assessments.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption for pan masala limits duty to a fixed per kilogram rate where value is below specified threshold.
Pan masala falling under sub heading 2106.11 with value not exceeding the prescribed threshold is exempt from so much of excise duty as exceeds an amount calculated at a specified per kilogram rate; "value" is to be determined in accordance with the statutory valuation provision governing excise assessments.
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