Excise exemption for synthetic rubber latex: duty waived when consumed in factory for further manufacture under rule 8(1). Synthetic rubber latex falling under the relevant tariff classification is exempted from the whole of the excise duty leviable under section 3 when consumed within the factory in which it is manufactured for the further manufacture of synthetic rubber, by exercise of the power under sub rule (1) of rule 8 of the Central Excise Rules, 1944.
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 exemption for synthetic rubber latex: duty waived when consumed in factory for further manufacture under rule 8(1).
Synthetic rubber latex falling under the relevant tariff classification is exempted from the whole of the excise duty leviable under section 3 when consumed within the factory in which it is manufactured for the further manufacture of synthetic rubber, by exercise of the power under sub rule (1) of rule 8 of the Central Excise Rules, 1944.
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