Exemption amendments update notification references and add stock clearance exemptions for specified steel products, affecting input duty credit eligibility. Amendments substitute specified prior notification references and revise cross references to excise rule provisions governing input duty credit; they add exemption entries for clearances of certain hot re rolled products and ingots and billets of non alloy steel lying in stock on the specified cut off date where excise duty was paid, and the changes take effect from the stated commencement date.
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 amendments update notification references and add stock clearance exemptions for specified steel products, affecting input duty credit eligibility.
Amendments substitute specified prior notification references and revise cross references to excise rule provisions governing input duty credit; they add exemption entries for clearances of certain hot re rolled products and ingots and billets of non alloy steel lying in stock on the specified cut off date where excise duty was paid, and the changes take effect from the stated commencement date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
