Special Excise Duty - 49/92 - Central Excise - Tariff

Special Excise Duty

Notification No. 49/92-C.E.

Dated 1-3-1992

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), read with sub-clause (4) of clause 118 of the Finance Bill, 1992, which clause has, by virtue of the declaration made in the said Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), the force of law, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods falling under the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), produced or manufactured in a Free Trade Zone or in a hundred per cent Export-Oriented Undertaking, from the whole of the special duty of excise leviable thereon under sub-clause (1) of the said clause.