CBEC grants 11C benefits to 'newsprint in reels' (Chapter 48)

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..... alent regarding levy of duty of excise (including non-levy thereof) under Section 3 of the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the said Act), on "Newsprint, in reels" falling under Chapter 48 of the First Schedule to the Central Excise Tariff Act 1985 (5 of 1986) and that such "Newsprint, in reels" were liable to duty of excise which was not being levied under Section .....

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..... cise Tariff Act, 1985 (5 of 1986) read with notification(s) issued thereunder, and (ii) the conditions laid down by notifications, issued from time to time under sub-section (1) of Section 5A of the said Act or sub-rule (1) of rule 8 of the Central Excise Rules, 1944, for clearance of "Newsprint" falling under heading No. 48.01 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1 .....

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