Excise duty exemption limits set for specified electric fans and regulators, capping duty at prescribed ad valorem rates. The notification, issued under sub rule (1) of rule 8 of the Central Excise Rules, 1944, exempts specified electric fans and regulators within certain tariff headings by capping excise duty to the amounts calculated at the stated ad valorem rates and relieving any duty in excess of those rates; it lists distinct classes of fans and regulators with corresponding ad valorem caps and specifies the date on which the notification takes effect.
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 limits set for specified electric fans and regulators, capping duty at prescribed ad valorem rates.
The notification, issued under sub rule (1) of rule 8 of the Central Excise Rules, 1944, exempts specified electric fans and regulators within certain tariff headings by capping excise duty to the amounts calculated at the stated ad valorem rates and relieving any duty in excess of those rates; it lists distinct classes of fans and regulators with corresponding ad valorem caps and specifies the date on which the notification takes effect.
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