Exemption to specified goods falling under Heading Nos. 72.15 and 73.09 - 103/87 - Central Excise - Tariff

Exemption to specified goods falling under Heading Nos. 72.15 and 73.09

Notification No. 103/87-C.E.

Dated 27-3-1987

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts the goods, falling under heading No. 72.15 and 73.09 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from the whole of the duty of excise leviable thereon which is specified in the said Schedule :

Provided that the said goods have been obtained from breaking up of ships, boats and other floating structures on which the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) has been paid at the rate of Rs. 1,400/- per Light Displacement Tonnage.