Effective excise duty cap on mobile handsets limits payable duty to a nominal ad valorem rate, excess duty exempted. The notification exempts mobile handsets, including cellular phones under the Central Excise Tariff, from excise duty to the extent that such duty exceeds an amount calculated at a specified ad valorem rate, thereby capping the effective duty payable on qualifying handsets and disapplying any excess duty.
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Provisions expressly mentioned in the judgment/order text.
Effective excise duty cap on mobile handsets limits payable duty to a nominal ad valorem rate, excess duty exempted.
The notification exempts mobile handsets, including cellular phones under the Central Excise Tariff, from excise duty to the extent that such duty exceeds an amount calculated at a specified ad valorem rate, thereby capping the effective duty payable on qualifying handsets and disapplying any excess duty.
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