TMI BlogExemption to sugar (Ch. 17)X X X X Extracts X X X X X X X X Extracts X X X X ..... during the period commencing on the 1st day of May, 1987 and ending with the 30th day of June, 1987 which is in excess of the average production of the corresponding periods of the three sugar years, namely, 1983-84, 1984-85 and 1985-86, falling under sub-heading No. 1701.31 or 1701.39 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from the whole of the duty of excise leviabl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... included in the quantity of sugar produced, shall not be taken into account. 3. The exemption under this notification may be availed of on any quantity of sugar cleared for home consumption which is equivalent to the excess production of sugar. Explanation. - In this notification :- (1) "sugar year" means the period of 12 months commencing on the 1st day of October and ending with the 30th ..... X X X X Extracts X X X X X X X X Extracts X X X X
|