Partial exemption to polypropylene fibre waste [Ch. 55] - 467/86 - Central Excise - Tariff

Partial exemption to polypropylene fibre waste [Ch. 55]

Notification No. 467/86-C.E.

Dated 23-12-1986

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts polypropylene fibre waste, falling under sub-heading No. 5503.12 of the Schedule to the Central Excise Tariff Act, 1985, 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 of 50% or Rs. 5 per kilogramme whichever is less.