Exemption to Liquid Paraffin of I.P. Grade [sub-heading 2710.99] - 242/88 - Central Excise - Tariff

Exemption to Liquid Paraffin of I.P. Grade [sub-heading 2710.99]

Notification No. 242/88-C.E.

Dated 17-8-1988

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 liquid paraffin of I.P. grade falling under sub-heading No. 2710.99 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) from the whole of the duty of excise leviable thereon :

Provided that such liquid paraffin is manufactured from refrigeration oil on which duty of excise leviable under section 3 of the Central Excises and Salt Act, 1944 (1 of 1944) or the additional duty leviable under section 3 of the Customs Tariff Act, 1975 (51 of 1975), as the case may be, has already been paid.