Effective rate of duty on pan masala - 23/87 - Central Excise - Tariff

Effective rate of duty on pan masala

Notification No. 23/87-C.E.

Dated 1-3-1987

In exercise of the powers conferred by Sub-rule (1) of rule 8 of the Central Excises Rules, 1944 and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 255/86-Central excises, dated the 17th April, 1986, the Central Government hereby exempts Pan Masala of the description specified in column (3) of the Table hereto annexed and falling under the 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 which is specified in the said Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table.

TABLE

S. No.	Sub-heading No.	Description of goods	Rate
(1)	(2)	(3)	(4)
01	2106.11	Pan masala containing tobacco	25% ad valorem
02	2106.11	Pan masala not containing any tobacco and of which the value does not exceed Rs. 75 per kilogram	Rs. 10 per kilo­gram
03	2106.11	Pan Masala not containing any tobacco and of which the value exceeds Rs. 75 per kilogram	Rs. 20 per kilo­gram

Explanation. —For the purpose of this notification, the expression "value" means the value as determined in accordance with the provisions of section 4 of the Central Excises and Salt Act, 1944 (1 of 1944).