Effective rate of excise duty on Computer Numerical Control system - 087/88 - Central Excise - Tariff

Effective rate of excise duty on Computer Numerical Control system

Notification No. 87/88-C.E.

Dated 1-3-1988

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts Computer Numerical Control Systems, falling within Chapter 85 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), 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 per cent ad valorem.