Special excise duty exemption to goods produced in a free trade zone or hundred per cent export-oriented undertaking - 173/86 - Central Excise - Tariff

Special excise duty exemption to goods produced in a free trade zone or hundred per cent export-oriented undertaking

Notification No. 173/86-C.E.

Dated 1-3-1986

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, read with sub-clause (4) of clause 53 of the Finance Bill, 1986, which clause has, by virtue of a declaration made in the said Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), the force of law, the Central Government hereby exempts all goods falling under the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) produced or manufactured in a free trade zone or in a hundred per cent export-oriented undertaking, from the whole of the special duty of excise leviable thereon under sub-clause (1) of the said clause.