Effective rate of excise duty on iron ore pellets falling under Heading No. 26.01 produced or manufactured in 100% EOUs/Free Trade Zones and allowed to be sold in India - 08/93 - Central Excise - Tariff

Effective rate of excise duty on iron ore pellets falling under Heading No. 26.01 produced or manufactured in 100% EOUs/Free Trade Zones and allowed to be sold in India

Notification No. 8/93-C.E.

Dated 28-2-1993

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 iron ore pellets falling under heading No. 26.01 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and produced or manufactured in a 100% export-oriented undertaking or a free trade zone and allowed to be sold in India, from so much of the duty of excise leviable thereon under section 3 of the said Central Excises and Salt Act, 1944, as is in excess of the amount calculated at the rate of 15% ad valorem.