Exemption to Synthetic tow consumed during 28-2-1986 to 31-5-1988 in the manufacture of Staple Fibres and Tops thereof - 42/90 - Central Excise - Non Tariff

Exemption to Synthetic tow consumed during 28-2-1986 to 31-5-1988 in the manufacture of Staple Fibres and Tops thereof

Notification No. 42/90-C.E. (N.T.)

Dated 24-10-1990

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 the Central Excises and Salt Act, 1944 (1 of 1944), the duty of excise on synthetic tow falling under heading number 55.01 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and consumed in the manufacture of staple fibres and tops thereof falling under the said heading 55.01, was not being levied under section 3 of the first mentioned Act; during the period commencing on the 28th February, 1986 and ending with the 31st May, 1988;

Now, therefore, in exercise of the powers conferred by section 11C of the first mentioned Act, the Central Government hereby directs that the whole of the duty of excise payable under the said Act on such synthetic tow, but for the said practice, shall not be required to be paid in respect of such synthetic tow on which the said duty of excise was not levied during the period aforesaid in accordance with the said practice.