Exemption to cement [Ch. 25] - 124/87 - Central Excise - Tariff

Exemption to cement [Ch. 25]

Notification No. 124/87-C.E.

Dated 29-4-1987

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts cement falling under sub-heading No. 2502.20 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and manufactured in a factory which has commenced production during the period commencing on the 1st day of January, 1982 and ending with the 31st day of March, 1986, from so much of the duty of excise leviable thereon under the said Schedule as is in excess of the amount calculated at the rate of Rs. 205 per tonne :

Provided that such cement is manufactured out of clinker produced within the same factory in which such cement is manufactured :

Provided further that such cement is manufactured in a factory where production in respect of such cement in any financial year is not less than thirty per cent of the annual licensed capacity of the factory manufacturing cement as certified by the Development Commissioner for Cement Industry in the Ministry of Industry.

2. This notification shall be in force upto and inclusive of the 31st day of March, 1990.