Amendment to Notification No. 231/85-C.E. - 042/89 - Central Excise - Tariff

Amendment to Notification No. 231/85-C.E.

Notification No. 42/89-C.E.

Dated 1-3-1989

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 231/85-Central Excises, dated the 11th November, 1985, namely :-

In the said notification-

(a) in the opening paragraph, after the words "of the said rules", the words, brackets, figures and letter "or under sub-section (1) of section 5A of the said Central Excises and Salt Act" shall be inserted;

(b) the following Explanation shall be inserted at the end with effect from the 1st day of April, 1989, namely-

"Explanation - For the purposes of computing the aggregate value of clearances under this notification, the clearances of any excisable goods, which are chargeable to nil rate of duty or, which are exempted from the whole of duty of excise leviable thereon by any other notification (not being a notification where exemption from the whole of the duty of excise leviable thereon is granted based upon the value or quantity of clearances made in a financial year) issued under sub-rule (1) of rule (8) of the said rules or under sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), shall not be taken into account.".