Amends Various Notifications to reduce excise duty by 4 percentage points each

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..... ended or further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table, namely :- TABLE S. No. Notification number and date Amendments (1) (2) (3) 1. 23/2003-Central Excise , dated the 31st March, 2003 In the said notification, in the Table, - (i) against Sr. No. 5, for the entry in column (4), the entry "In excess of "Nil" Explanation.- The value of the goods shall be determined in terms of section 4 of the Central Excise Act." shall be substituted; (ii) against Sr. No. 5A, for the entry in column (4), the entry "In excess of amount equal to 4% of duty of excise specified in the First Schedule to the .....

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..... he entry "8%" in column (4), the entry "4%" shall be substituted. 4. 3/2006-Central Excise , dated the 1st March, 2006 In the said notification, in the Table, in column (4), - (i) for the entry "14%", wherever it occurs, the entry "10%" shall be substituted; (ii) for the entry "8%", wherever it occurs, the entry "4%" shall be substituted. 5. 4/2006-Central Excise , dated the 1st March, 2006 In the said notification, in the Table, in column (4), - (i) for the entry "12%", wherever it occurs, the entry "8%" shall be substituted; (ii) for the entry "8%", wherever it occurs except for the entry occurring against S. No. 22 and 27, the entry "4%" shall be substituted; (iii) for the entry "Rs. .....

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..... tituted; (ii) for the entry "12%", wherever it occurs, the entry "8%" shall be substituted; (iii) for the entry "8%", wherever it occurs, the entry "4%" shall be substituted. 7. 6/2006-Central Excise , dated the 1st March, 2006 In the said notification, in the Table, in column (4), - (i) for the entry "24%", wherever it occurs, the entry "20%" shall be substituted; (ii) for the entry "24% + Rs.15,000 per unit", wherever it occurs, the entry "20% + Rs.15,000 per unit" shall be substituted; (iii) for the entry "14%", wherever it occurs, the entry "10%" shall be substituted; (iv) for the entry "14% + Rs.10,000 per chassis", wherever it occurs, the entry "10% + Rs.10,000 per chassis" shall be substituted; .....

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