Exemption for pigments and synthetic dyes limits excise liability on initial clearances subject to annual value thresholds and eligibility conditions. Exemption applies to pigments and synthetic organic dyes and their preparations for first clearances for home consumption, reducing excise duty in excess of fifty per cent of the tariff levy, subject to an aggregate value ceiling for combined clearances under this and a related notification in the financial year. Eligibility is limited by prior year manufacturer and factory clearance thresholds; new manufacturers or factories may claim the relief upon filing a declaration and remaining within the prescribed clearance limits. Value is determined per statutory valuation and fully exempt clearances under other notifications are excluded from aggregate computations.
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.
Exemption for pigments and synthetic dyes limits excise liability on initial clearances subject to annual value thresholds and eligibility conditions.
Exemption applies to pigments and synthetic organic dyes and their preparations for first clearances for home consumption, reducing excise duty in excess of fifty per cent of the tariff levy, subject to an aggregate value ceiling for combined clearances under this and a related notification in the financial year. Eligibility is limited by prior year manufacturer and factory clearance thresholds; new manufacturers or factories may claim the relief upon filing a declaration and remaining within the prescribed clearance limits. Value is determined per statutory valuation and fully exempt clearances under other notifications are excluded from aggregate computations.
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