Footwear and parts thereof - Abatement from retail sale price for assessable value - 40/97 - Central Excise - Non Tariff

Footwear and parts thereof - Abatement from retail sale price for assessable value

Notification No. 40/97-C.E. (N.T.)

Dated 27-8-1997

In exercise of the powers conferred by sub-section (2) of section 4A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby allows fifty per cent of the retail sale price as abatement in respect of footwear falling under heading No. 64.01 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986).

2. This notification shall come into force on the 1st day of September, 1997.