Polyester fibre - 187/86 - Central Excise - Tariff

Polyester fibre

Notification No. 187/86-C.E

Dated 1-3-1980

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, read with sub-section (3) of section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), the Central Government hereby exempts polyester fibre, falling under sub-heading No. 5501.20 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon under the Central Excises and Salt Act, 1944 (1 of 1944), and the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), as is in excess of the amount calculated at the rate of twenty rupees per kilogram :

Provided that such polyester fibre has been manufactured from wastes, falling under Chapter 54 or 55 of the said Schedule, by the process of recycling of such wastes in India :

Provided further that the amount of duty so levied shall be apportioned in the ratio of 110 : 15 between the duty leviable under the Central Excises and Salt Act, 1944 (1 of 1944), and the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), respectively.

2. This notification shall remain in force up to and inclusive of the 31st day of December, 1986.