Central excise duty exemption granted to forgings and forged products of parts and accessories of cycles and cycle rickshaws

Central excise duty exemption granted to forgings and forged products of parts and accessories of cycles and cycle rickshaws - Regarding https://www.taxtmi.com/circulars?id=6958 Where a forging or forged product of iron or steel has acquired the essential character of a finished cycle or cycle-rickshaw part (by having the approximate shape or outline of the finished article, including blanks), it should be classified as the finished part and be unconditionally exempt from excise duty without Chapter X procedure; items lacking that essential shape or recognisability must follow Chapter X to ensure use in manufacture of exempted parts. Decisions on classification must be taken not below Assistant Collector level. en-us Wed, 18 May 1988 00:00:00 +0530 Thu, 09 Jul 2009 09:37:00 +0530 TaxTMI RSS Generator Central excise duty exemption granted to forgings and forged products of parts and accessories of cycles and cycle rickshaws - Regarding https://www.taxtmi.com/circulars?id=6958 Where a forging or forged product of iron or steel has acquired the essential character of a finished cycle or cycle-rickshaw part (by having the approximate shape or outline of the finished article, including blanks), it should be classified as the finished part and be unconditionally exempt from excise duty without Chapter X procedure; items lacking that essential shape or recognisability must follow Chapter X to ensure use in manufacture of exempted parts. Decisions on classification must be taken not below Assistant Collector level. Circulars Central Excise Wed, 18 May 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6958