Excise Duty Rates and Exemptions for Goods under Central Excise Tariff Act, 1985; Notification Rescinded in 2002
The notification, dated March 1, 2001, under the Central Excise Tariff Act, 1985, prescribes effective excise duty rates for specific goods. It exempts certain excisable goods from duties exceeding specified rates, detailed in a table with conditions for exemptions. The goods include green tea, starches, lac, vegetable extracts, asafoetida, food preparations for free distribution, and various industrial and consumer goods. Conditions for exemption include usage within specific industries, adherence to manufacturing processes, and compliance with government-approved programs. This notification was rescinded by a subsequent notification on March 1, 2002.
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