Effective duty rates for tobacco and substitutes set, capping excise liability to specified rates by government order. The government exempts excise duty in excess of specified capped rates for listed Central Excise Tariff sub headings covering tobacco and manufactured tobacco substitutes, prescribing either percentage rates or fixed per thousand charges in an annexed schedule and thereby capping excise liability for each classified product.
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Provisions expressly mentioned in the judgment/order text.
Effective duty rates for tobacco and substitutes set, capping excise liability to specified rates by government order.
The government exempts excise duty in excess of specified capped rates for listed Central Excise Tariff sub headings covering tobacco and manufactured tobacco substitutes, prescribing either percentage rates or fixed per thousand charges in an annexed schedule and thereby capping excise liability for each classified product.
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