Effective rate of duty on chassis falling within Chapter 87 for manufacture of battery powered road vehicles - 75/91 - Central Excise - Tariff

Effective rate of duty on chassis falling within Chapter 87 for manufacture of battery powered road vehicles

Notification No. 75/91-C.E.

Dated 25-7-1991

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 chassis falling within Chapter 87 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) required for use in the manufacture of battery powered road vehicles falling within the said Chapter of the said Schedule 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.

Provided that in relation to the exemption under this notification, the procedure set out in Chapter X of the Central Excise Rules, 1944 is followed.

Explanation. - For the purposes of this notification, the expression "battery powered road vehicles" means road vehicles which are run solely on electrical energy derived from one or more electrical batteries fitted to such road vehicles.