Central Government exempts all goods under First Schedule of Additional Duties of Excise Act, 1957, from excise duty.
The Central Government has issued a notification exempting all goods listed under the First Schedule of the Additional Duties of Excise (Goods of Special Importance) Act, 1957, from the entire duty of excise. This exemption is exercised under the powers granted by section 5A of the Central Excise Act, 1944, and section 3 of the Additional Duties of Excise Act, 1957. The decision is made in the public interest, effective from March 1, 2006, as per Notification No. 11/2006-CE.
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