Amends notification No. 175/86 so as to, inter-alia, - (i) raise the full exemption limit from Rs. 15 lakhs to Rs. 20 lakhs (ii) continue the higher notional credit scheme upto 31-3-1991. - 88/90 - Central Excise - Tariff
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Exemption limit increase and extension of higher notional credit scheme; central excise notification amended to take effect in April. The notification amends Notification No. 175/86 to raise the full exemption limit, extend the higher notional credit scheme for an additional year, and insert 'tyre flaps of rubber' into the Annexure list of exempted items; the amendments are effected under the Central Excises and Salt Act, 1944 and commence on the specified date in April 1990.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption limit increase and extension of higher notional credit scheme; central excise notification amended to take effect in April.
The notification amends Notification No. 175/86 to raise the full exemption limit, extend the higher notional credit scheme for an additional year, and insert "tyre flaps of rubber" into the Annexure list of exempted items; the amendments are effected under the Central Excises and Salt Act, 1944 and commence on the specified date in April 1990.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.