Sewing thread - 5% rate of duty - 23/96 - Central Excise - Tariff

Sewing thread - 5% rate of duty

Notification No. 23/96-C.E.

Dated 23-7-1996

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts cotton sewing thread (not containing any synthetic staple fibre) falling under heading No. 52.04 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of the amount calculated at the rate of 5% ad valorem.