Credit of duty on use of Minor Oils if used in the manufacture of soap

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..... 4, and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 40/87-Central Excises, dated the 1st March, 1987, the Central Government hereby specifies, - (i) the inputs, namely, vegetable oils (whether or not subjected to any one or more of the process of hydrogenation or hydrolysis) of the description in Column (2) of the Table her .....

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..... e done in the same factory, the credit shall be taken on the quantity of vegetable oils received into the factory for the purpose and only on or after the date of receipt of such vegetable oils; (iii) in the cases where the processes of hydrogenation or hydrolysis are done outside the factory manufacturing soap, the credit shall be allowed - (a) only if the procedure that may be specified by t .....

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..... xcess credit if any available in the credit account shall be refunded to the manufacturer or utilised for payment of duty on any other excisable goods. TABLE S. No. Vegetable oils Rate of credit per tonne of the vegetable oil (1) (2) (3) 01. Rice bran oil Rs. 320 02. Neem oil Rs. 2800 03. Karanj oil .....

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