Tariff - Law Dictionary Search Results
Home Dictionary Name: tariff Page: 4 Page 4 of about 45 results ( seconds)Excisable goods
Excisable goods, means goods specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 as being subject to a duty of excise and includes salt. [Central Excise Act, 1944 (1 of 1944), s. 2 (d)]...
Beverages
Beverages, beverages, broadly, speaking, are liquids for drinking, other than water, which may be consumed neat or after dilution, Hamdard (Wakf) Laboratories v. CCE, (1999) 6 SCC 617 (619). (Control Excise Tariff Act, 1985)...
Most favored nation clause
A clause often inserted in treaties by which each of the contracting nations binds itself to grant to the other in certain stipulated matters the same terms as are then or may be thereafter granted to the nation which receives from it the most favorable terms in respect of those matters It is used most frequently in treaties regarding the terms of trade between countries as regarding tariffs and non tariff barriers to trade...
Buckram
Buckram, Fairchild: Dictionary of Textiles, on sets out what 'buckram' means:A plain-weave, coarse, open fabric heavily sized and used principally as stiffener which is placed between the lining and surface cloth of the garment to give it shape or form. Also used for hat shapes, bookbinding, etc. Made with cotton, linen, hemp, hair, etc., CCE v. Susma Textile (P.) Ltd., (2004) 5 SCC 746 (750): AIR 2004 SC 3549. (Central Excise Tariff Act, 1985, Heading 52.06 or 59.01)...
Capital goods
Capital goods, include all types of properties including consumable raw material, components etc. Capital goods become capital goods when used in the manufacture of products. Every Capital asset is not capital good, C.C.E. v. Ginni Filaments Ltd., (2005) 3 SCC 378 (388).Means plant, mechiners and equipment used in trade or manufacturing of goods, [Manipur University Act, 2005, s. 2(e)]Is very wide. Capital goods can be machines, machinery, plant, equipment, apparatus, tools or appliances, Commissioner of Central Excise, Coimbatore v. Jawahar Mills Ltd., (2001) 6 SCC 274.Means--(a) machines, machinery, plant, equipment, apparatus, tools or appliances used for producing or processing of any goods or for bringing about any changes in any substance for the manufacture of final products;(b) components, spare parts and accessories of the aforesaid machines, machinery, plaint, equipment, apparatus, tools or appliances used for aforesaid purpose; and(c) moulds and dies, generating sets and wei...
Cards
Cards. To keep a common house for card-playing is unlawful.-Gaming Houses Act, 1854 (17 & 18 Vict. c. 38); and see GAMING. Cheating at cards is punishable by the Gaming Act, 1845 (8 & 9 Vict. c. 100), s. 17. An excise duty of 3d. a pack-i.e., any quantity not exceeding 52-on home-made cards is levied by 25 & 26 Vict. c. 22, and a customs duty of 3s. 9d. per dozen packs on imported cards by the (English) Customs Tariff Act, 1876 (39 & 40 Vict. c. 36)...
Corrosion-resisting material
Corrosion-resisting material, valves made of corrosion-resisting material are held to be covered by heading 84.61(2), Goodyear India Ltd. v. C.I.F, (2000) 10 SCC 489: AIR 1999 SC 1558. [Customs Tariff Act, 1975, Heading 84.61(2)]Corrosion-resisting material, if the material from which the valves are made is a corrosion-resisting material, Goodyear India Ltd. v. Collector of Custom, Bombay, (2000) 10 SCC 489....
Customs
Customs, duties charged upon commodities on their importation into, or exportation out of, a country. They seem to have existed in England before the Conquest, but the king's claim to them was first established by grant of Parliament in the reign of Edward I. These duties were at first, principally laid on wool, woolfels (sheep-skins) and leather when exported. There were also extraordinary duties paid by aliens both on export and import, which were denominated parva custuma, to distinguish them from the former, or magna custuma. The duties of tonnage and pound-age, of which mention is so frequently made in English history, were customs duties; the first being made onwine by the tun, and the latter being ad valorem duty of so much a pound on other merchandise. When these duties were granted to the Crown they were denominated subsidies, and as the duty of poundage had continued for a lengthened period at the rateof 1s. a pound, or five percent., a subsidy came, in the language of the cu...
Dumping
Dumping, the factors to constitute dumping one (i) an import at prices which are lower than the normal value of goods in the exporting country: (ii) the exports must be sufficient to cause injury to the domestic industry, S&S Enterprise v. Designated Authority, (2005) 3 SCC 337 (340). (Customs Tariff Act, 1975, s. 9A)...
GATT
GATT General Agreement on Tariffs and Trade see also the Important Laws section ...
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