Set off of duty on T.I. 68 goods on 28-2-1986 - 89/86 - Central Excise - Tariff

Set off of duty on T.I. 68 goods on 28-2-1986

Notification No. 89/86-C.E.

Dated 10-2-1986

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts all excisable goods, falling under the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and in the manufacture of which any goods specified in the Annexure to this notification have been used as raw materials or component parts from so much of the duty of excise leviable thereon which is specified in the said Schedule, as is in excess of the duty of excise which was leviable on such goods under the Central Excises and Salt Act, 1944 (1 of 1944) [read with notification No. 201/79-Central Excises, dated the 4th June, 1979] on the day immediately preceding the date of commencement of the Central Excise Tariff Act, 1985 (5 of 1986).

2. This notification shall come into force on the date of commencement of the Central Excise Tariff Act, 1985 (5 of 1986) and remain in force upto and inclusive of the 28th day of February, 1986.

Annexure

Goods classifiable under Item No. 68 of the First Schedule to the Central Excises and Salt Act, 1944 (1 of 1944) as it existed immediately before the commencement of the Central Excise Tariff Act, 1985 (5 of 1986).