Seeks to provide effective rates wherever duty rate has been reduced in the First Schedule to the Central Excise Tariff Act, 1985. - 017/2002 - Central Excise - Tariff
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Excise exemption limits duty on specified tariff goods to a fixed per weight rate, reducing excess excise liability. The notification exercises statutory exemption power to limit excise duty on goods falling under the specified First Schedule tariff heading so that duty in excess of an amount calculated at the rate of one rupee per kilogram is exempted, effectively capping liability at that per weight rate.
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 exemption limits duty on specified tariff goods to a fixed per weight rate, reducing excess excise liability.
The notification exercises statutory exemption power to limit excise duty on goods falling under the specified First Schedule tariff heading so that duty in excess of an amount calculated at the rate of one rupee per kilogram is exempted, effectively capping liability at that per weight rate.
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