Effective rates of additional excise duty on certain varieties of cotton fabrics - 072/88 - Central Excise - Tariff

Effective rates of additional excise duty on certain varieties of cotton fabrics

Notification No. 72/88-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, read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 58/87-Central Excises, dated the 1st March, 1987, the Central Government hereby exempts goods of the description specified in column (3) of the Table hereto annexed and falling under the heading No. or sub-heading No. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), specified in the corresponding entry in column (2) of the said Table, from so much of the duty of excise leviable thereon under the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table.

THE TABLE

S. No.	Heading/Sub-heading No.	Description of goods	Rate
(1))	(2)	(3)	(4)
01.	52.07 and 52.08	Cotton fabrics processed without the aid of power or steam.	Twenty-five per cent of the duty leviable under heading No. 52.06 of the said Schedule read with any notification for the time being in force, depending upon the average count of the yarn in the fabric and the value per square metre of the fabric.
02.	52.08	Cotton fabrics processed with the aid of power or steam by an independent processor approved in this behalf by the Government of India on the recommendations of the Development Commissioner for Handlooms.	Forty per cent of the duty leviable under heading No. 52.06 of the said Schedule read with any notification for the time being in force, depending upon the average count of the yarn in the fabric and the value per square metre of the fabric.
03.	5208.29	Cotton fabrics woven on handlooms and processed with the aid of power or steam.	Duty leviable under heading No. 52.08 of the said Schedule read with any notification for the time being in force, depending upon the average count of the yarn in the fabric and the value per square metre of the fabric.