Excise duty exemption on specified resins and engineering plastics limits duty to prescribed ad valorem rates. Exemption limits excise duty on specified thermosetting resins and engineering plastics to the ad valorem percentages listed in the Table; duty remains leviable only up to the prescribed rate for each tariff heading. The provision is made under rule 8(1) of the Central Excise Rules and applies to the Schedule headings cited, with the exemption operative only until the notification's terminal date.
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.
Excise duty exemption on specified resins and engineering plastics limits duty to prescribed ad valorem rates.
Exemption limits excise duty on specified thermosetting resins and engineering plastics to the ad valorem percentages listed in the Table; duty remains leviable only up to the prescribed rate for each tariff heading. The provision is made under rule 8(1) of the Central Excise Rules and applies to the Schedule headings cited, with the exemption operative only until the notification's terminal date.
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