Excise duty exemption continues for paper splints and paper labels, removing levy on specified paper goods. The government exempts paper splints for matches and paper labels, both falling within Chapter 48 of the Central Excise Tariff, from the whole of the duty of excise leviable thereon by issuing a notification exercising powers under the Central Excises and Salt Act, thereby continuing existing concessionary treatment for those specified goods.
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Excise duty exemption continues for paper splints and paper labels, removing levy on specified paper goods.
The government exempts paper splints for matches and paper labels, both falling within Chapter 48 of the Central Excise Tariff, from the whole of the duty of excise leviable thereon by issuing a notification exercising powers under the Central Excises and Salt Act, thereby continuing existing concessionary treatment for those specified goods.
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