Exemption to machinery, plant or laboratory equipments for treatment of materials by condensing or cooling cleared during 28-2-1993 to 22-4-1993 - 35/94 - Central Excise - Non Tariff

Excise Duty on Cooling Equipment Limited to 15% for Early 1993 Under Section 11C Notification

The Central Government issued Notification No. 35/94-C.E. (N.T.) on August 4, 1994, concerning the excise duty on machinery, plant, or laboratory equipment used for treating materials by condensing or cooling. During the period from February 28, 1993, to April 22, 1993, the duty levied on such equipment under heading No. 84.19 of the Central Excise Tariff Act, 1985, was not exceeding 15% ad valorem. The government, recognizing this established practice, directed that any excise duty exceeding 15% ad valorem during this period should not be collected, in accordance with section 11C of the Central Excises & Salt Act, 1944.