Excise duty reduction for cars for physically handicapped now requires certification and a multi-year non-disposal affidavit. Reduction of excise duty for cars intended for physically handicapped persons is effected by amending the principal Central Excise notification to a lower tariff rate. The annexure condition is substituted to require (i) certification by an officer not below the rank of Deputy Secretary in the Department of Heavy Industries that the goods are capable of use by physically handicapped persons; and (ii) an affidavit by the buyer undertaking not to dispose of the car for a period of five years after purchase.
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 reduction for cars for physically handicapped now requires certification and a multi-year non-disposal affidavit.
Reduction of excise duty for cars intended for physically handicapped persons is effected by amending the principal Central Excise notification to a lower tariff rate. The annexure condition is substituted to require (i) certification by an officer not below the rank of Deputy Secretary in the Department of Heavy Industries that the goods are capable of use by physically handicapped persons; and (ii) an affidavit by the buyer undertaking not to dispose of the car for a period of five years after purchase.
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 
