Set-off of special excise duty paid on inputs in certain circumstances - 131/89 - Central Excise - Tariff

Set-off of special excise duty paid on inputs in certain circumstances

Notification No. 131/89-C.E.

Dated 12-5-1989

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-section (4) of section 37 of the Finance Act, 1989 (13 of 1989) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 100/89-Central Excises, dated the 1st March, 1989, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods which have been subjected to a special duty of excise under the said section 37, from so much of the special duly of excise leviable thereon as is equivalent to the special duty of excise already paid on other excisable goods (hereinafter referred to as 'inputs') used in the manufacture of the said goods :

Provided that the exemption contained in this notification shall be applicable only to those goods, in respect of which notifications under sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), have been issued by the Central Government exempting them from so much of the duty of excise leviable thereon under the Central Excises and Salt Act, 1944 (1 of 1944), as is equivalent to the duty of excise under the said Central Excises and Salt Act, already paid on the inputs specified in the respective notifications.