Excise exemption for processed tyre cord fabrics where prior duty has been paid on unprocessed inputs. Amendment inserts an exemption for processed tyre cord fabrics (chapter 59.02) manufactured from unprocessed tyre cord fabrics on which the appropriate excise duty or additional duty under the Customs Tariff Act has already been paid, prescribing a nil rate of duty subject to the condition of prior duty payment on the inputs.
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Excise exemption for processed tyre cord fabrics where prior duty has been paid on unprocessed inputs.
Amendment inserts an exemption for processed tyre cord fabrics (chapter 59.02) manufactured from unprocessed tyre cord fabrics on which the appropriate excise duty or additional duty under the Customs Tariff Act has already been paid, prescribing a nil rate of duty subject to the condition of prior duty payment on the inputs.
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