Cigarettes - Amendment to Notification No. 355/86-C.E. - 69/94 - Central Excise - Tariff

Cigarettes - Amendment to Notification No. 355/86-C.E.

Notification No. 69/94-C.E.

Dated 15-3-1994

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 makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 355/86-Central Excises, dated the 24th June, 1986, namely :-

In the said notification, before the Explanation, the following proviso shall be inserted, namely :-

"Provided that where cigarettes, falling under the said sub-heading No. 2403.11, are exported under bond, the duty already paid on cut tobacco (falling under said sub-heading No. 2404.13) used in the manufacture of such cigarettes shall be allowed as a credit to be utilised towards payment of duty of excise on cigarettes cleared for home consumption."