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Exemption to synthetic tops - 374/86 - Central Excise - TariffExtract Exemption to synthetic tops Notification No. 374/86-C.E. Dated 29-7-1986 In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts synthetic tops, falling under heading No. 55.01 of the Schedule to the Central Excise Tariff Act, 1985(5 of 1986), from the whole of the duty of excise leviable thereon under section 3 of the Central Excises and Salt Act, 1944 (1 of 1944) : Provided that such synthetic tops are made out of fibre or tow on which the duty of excise, or as the case may be, the additional duty of customs leviable under section 3 of the Customs Tariff Act, 1975 (51 of 1975) has already been paid.
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