Compounded levy rate for cold rolling machines increased, amending tariff notification to raise the prescribed central excise levy. Amendment substitutes the earlier specified rupee amount with a higher rupee amount in the notification No. 109/94-Central Excises, dated 13th May, 1994, thereby increasing the compounded levy rate for cold rolling machines under the powers conferred by rule 96 ZB of the Central Excise Rules, 1944, on the stated public interest justification.
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Compounded levy rate for cold rolling machines increased, amending tariff notification to raise the prescribed central excise levy.
Amendment substitutes the earlier specified rupee amount with a higher rupee amount in the notification No. 109/94-Central Excises, dated 13th May, 1994, thereby increasing the compounded levy rate for cold rolling machines under the powers conferred by rule 96 ZB of the Central Excise Rules, 1944, on the stated public interest justification.
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