Effective rate of duty on paper and paperboard or articles made therefrom by using unconventional raw materials - 24/94 - Central Excise - Tariff

Effective rate of duty on paper and paperboard or articles made therefrom by using unconventional raw materials

Notification No. 24/94-C.E.

Dated 1-3-1994

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 139/86-Central Excises, dated the 1st March, 1986, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts paper and paperboard or articles made therefrom (hereinafter referred to as the said goods) falling within Chapter 48 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), cleared from a factory (hereinafter referred to as the said factory), 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 15 per cent ad valorem:

Provided that the said goods have been manufactured, starting from the stage of pulp, in the said factory, and such pulp contains not less than 50 per cent by weight, of pulp made from materials, other than bamboo, hard woods, soft woods, reeds (other than sarkanda) or rags.