Set-off of special excise duty paid on inputs in certain circumstances - 013/88 - Central Excise - Tariff

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

Notification No. 13/88-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-clause (4) of clause 82 of the Finance Bill, 1988, which clause has, by virtue of the declaration made in the said Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), the force of law, the Central Government hereby exempts goods which have been subjected to a special duty of excise under the aforesaid clause, from so much of the special duty 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-rule (1) of rule 8 of the aforesaid Rules 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.