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TMI BlogAmending certain notifications so as to, inter-alia, - (i) prescribe effective duty for chassis of specified motor vehicles, and to prescribe effective duty for bus body building and to fully exempt from excise duty on truck body building (with certain exceptions);X X X X Extracts X X X X X X X X Extracts X X X X ..... t for soap to Rs. 35,000 per tonne so as to attract the concessional rate of 15%; (iv) exempt feature films from excise duty; (v) prescribe effective rate of basic excise duty of 15% for water based paints and insulating varnishes and 30% for plastic/oil based paints. Notification No. 89/90-C.E. Dated 20-3-1990 In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed shall be amended or further a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he other inputs received by a manufac turer on or after the 24th day of April, 1986, has been taken under rule 56A of rule 57A of the said rules; (b) if manufactured out of chassis on which the duty of excise leviable un der the said Sche dule or the addi tional duty of cus toms leviable under section 3 of the Customs Tariff Act, 1975 (51 of 1975), as the case may be, has been paid at the rate of 20% ad valorem plus Rs. 4,500 per chassis. 18. 87.04 (i) Motor ve hicles for the trans port of go ods other than those specially designed for the tra nsport of liquids and liquefied gases Rs. 4,200 per motor vehicle If no credit of the duty paid - (i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay of March, 1990", the figures, letters and words "31st day of March, 1991" shall be substituted. 4. 39/87-Central Excises, dated the 1st March, 1987. In the Table to the said notification, against S. No. 2, in column (2) for the figures "30,000", the figures "35,000" shall be substituted. 5. 42/87-Central Excises, dated the 1st March, 1987. In the Table to the said notification,- (i) for S. Nos. 01 and 02 and the entries relating thereto, the following S. No. and entries shall be substituted, namely, - S. No. Description Rate of du ty for films made who lly in black and white Rate of duty for films ma de wholly or partly in colour (1) (2) (3) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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