Exemption to stainless steel "pattis" or "pattas" - 450/86 - Central Excise - Tariff

Exemption to stainless steel "pattis" or "pattas"

Notification No. 450/86-C.E.

Dated 17-11-1986

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts goods commonly known as "pattis" or "pattas" of Stainless Steel and falling under Chapter 72 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), 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 (2) of the Table below, subject to the conditions, if any, laid down in the corresponding entry in column (3) thereof.

TABLE

Sl. No.	Rate	Conditions
(1)	(2)	(3)
1.	Rs. 365/- per tonne	- -
2.	Nil	If it is proved to the satisfaction of an officer not below the rank of Assistant Collector of Central Excise that such Stainless Steel pattis or pattas are made from ingots or flats falling under heading Nos. 72.06 and 72.09, respectively of the said Schedule on which the duty of excise has already been paid at a rate not less than Rs. 365/- per tonne either at the stage of ingots or flats.

2. The exemption contained in this notification shall be applicable only to a factory which is an undertaking registered with the Director of Industries in any State or the Development Commissioner (Small Scale Industries) as a small scale industry under the provisions of the Industries (Development and Regulation) Act, 1951 (65 of 1951).