Exemption for EOUs/EPZ sales of fabrics: excise duty limited to prescribed reduced rates when sold in the domestic market. The Central Government exempts specified fabric categories produced in EOUs or free trade zones and sold in the domestic tariff area from excise duty to the extent that such duty exceeds the reduced rates set out in the Table; value is to be determined under the valuation rules of the Central Excise Act, and the notification includes amendment notes and has been subsequently superseded.
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.
Exemption for EOUs/EPZ sales of fabrics: excise duty limited to prescribed reduced rates when sold in the domestic market.
The Central Government exempts specified fabric categories produced in EOUs or free trade zones and sold in the domestic tariff area from excise duty to the extent that such duty exceeds the reduced rates set out in the Table; value is to be determined under the valuation rules of the Central Excise Act, and the notification includes amendment notes and has been subsequently superseded.
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