Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Central Excise - Tariff - Notifications

Home Notifications 1987 Central Excise Central Excise - 1987 Central Excise - Tariff Miscellaneous Exemptions This

Exemption to certain specified man-made fabrics - 142/87 - Central Excise - Tariff

  • Contents

Exemption to certain specified man-made fabrics

Notification No. 142/87-C.E.

Dated 12-5-1987

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), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 60/87-Central Excises, dated the 1st March, 1987, namely :-

In the said notification, for the Table, the following Table shall be substituted, namely :-

"THE TABLE

S. No.

Heading No.

Description of goods

Rate

(1)

(2)

(3)

(4)

01

54.09 and 55.08

Fabrics whose value per square metre-

50 paise per square metre

(i)

does not exceed rupees ten

 

 

(ii)

exceeds rupees ten but does not exceed rupees twenty.

Rs. 1.25 per square metre

 

 

(iii)

exceeds rupees twenty but does not exceed rupees twenty-five

Rs. 2.00 per square metre

 

 

(iv)

exceeds rupees twenty-five but does not exceed rupees fifty.

10 per cent ad valorem.

02

54.12 and 55.11

Fabrics whose value per square metre -

 

 

 

(i)

does not exceed rupees twenty-five.

50 paise per square metre.

 

 

(ii)

exceeds rupees twenty-five but does not exceed rupees fifty.

10 per cent ad valorem.

03

55.11

Fabrics whose value per square metre -

 

 

 

(i)

does not exceed rupees twenty-five

Re. 1.00 per square metre.

 

 

(ii)

exceeds rupees twenty-five but does not exceed rupees fifty.

10 per cent ad valorem"

 
 

 

Quick Updates:Latest Updates