Exemption to paper and paperboard containing at least 50% unconventional raw materials cleared during the period 16-3-1995 to 19-3-1995 - 03/97 - Central Excise - Non Tariff

Exemption to paper and paperboard containing at least 50% unconventional raw materials cleared during the period 16-3-1995 to 19-3-1995

Notification No. 3/97-C.E. (N.T.)

Dated 20-2-1997

Whereas, the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of excise (including non-levy thereof) under section 3 of the Central Excise Act, 1944 (1 of 1944), the duty of excise on paper and paperboard containing at least 50% unconventional raw materials under Chapter 48 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) was not being levied in excess of 15% ad valorem under section 3 of the said Act during the period commencing on the 16th day of March, 1995 and ending with the 19th day of March, 1995.

2. Now, therefore, in exercise of the powers conferred by section 11C of the said Act, the Central Government hereby directs that the duty of excise leviable in excess of 15% ad valorem on such paper and paperboard containing at least 50% unconventional raw materials, but for the said practice, shall not be required to be paid in respect of such paper and paperboard, on which the duty of excise as is in excess of 15% ad valorem was not levied during the period aforesaid, in accordance with the said practice.