Exemption u/s 11C - Manufacture of goods falling under heading Nos. 86.01 to 86.06, of the First Schedule. - 01/2009 - Central Excise - Non Tariff

Government Grants Excise Duty Exemption for Certain Parts Under Section 11C of Central Excise Act 1944

The Central Government issued a notification under Section 11C of the Central Excise Act, 1944, exempting the duty of excise on parts used within the factory for manufacturing goods under heading numbers 86.01 to 86.06 of the Central Excise Tariff Act, 1985. This exemption applies to parts produced and used within the factory during the period from March 1, 1993, to May 3, 1993, where excise duty was not levied according to the prevalent practice. The exemption is conditional upon the reversal of any input credit claimed for inputs used in manufacturing these goods.