Excise duty exemption limits excess levy on specified petroleum tariff items by capping the ad valorem rate under central law. Notification No.15/1998-CE exempts goods under sub-headings 2710.11, 2710.12, 2710.13 and 2710.19 of the Central Excise Tariff from so much of the duty leviable as exceeds the amount calculated at a specified ad valorem rate, exercising powers under the Central Excise Act read with provisions of the Finance Bill and the Provisional Collection of Taxes Act.
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 excess levy on specified petroleum tariff items by capping the ad valorem rate under central law.
Notification No.15/1998-CE exempts goods under sub-headings 2710.11, 2710.12, 2710.13 and 2710.19 of the Central Excise Tariff from so much of the duty leviable as exceeds the amount calculated at a specified ad valorem rate, exercising powers under the Central Excise Act read with provisions of the Finance Bill and the Provisional Collection of Taxes Act.
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