Effective rate for barrier creams - 393/86 - Central Excise - Tariff

Effective rate for barrier creams

Notification No. 393/86-C.E.

Dated 22-8-1986

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts Barrier Creams, falling under sub-heading No. 3304.00 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 of twenty per cent ad valorem.

Provided that the exemption contained in this notification shall apply to only such Barrier Creams which are manufactured under and in accordance with a licence issued for such purpose under the Drugs and Cosmetics Act, 1940 (23 of 1940).