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G.S.R. (E).- In exercise of the powers conferred by
sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944),
the Central Government, being satisfied that it is necessary in the public
interest so to do, hereby exempts excisable goods of the description
specified in column (3) of the Table below or specified in column (3) of the
said Table read with the concerned List appended hereto, as the case may be,
and falling within the Chapter, heading No. or sub-heading No. of the First
Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) (hereinafter
referred to as the Central Excise Tariff Act), specified in the
corresponding entry in column (2) of the said Table, -
(a) from so much of the duty of excise specified thereon under the
First Schedule to the Central Excise Tariff Act, as is in excess of the
amount calculated at the rate specified in the corresponding entry in column
(4) of the said Table; and
(b) from so much of the Special duty of excise leviable thereon
under the Second Schedule to the Central Excise Tariff Act, as is in excess
of the amount calculated at the rate specified in the corresponding entry in
column (5) of the said Table,
subject to the relevant conditions specified in the Annexure to this
notification, and referred to in the corresponding entry in column (6) of
the said Table;
Explanation.- For the purposes of this notification, the rates
specified in columns (4) and (5) of the said Table are ad valorem rates,
unless otherwise specified:-
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