Amends notification No. 432/86 so as to allow credit of countervailing duty paid on naphthalene used in the specified goods - 18/90 - Central Excise - Tariff
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Credit of countervailing duty on naphthalene permitted after amendment to include additional duty under Customs Tariff Act. Amendment permits credit for countervailing duty paid on naphthalene used in specified goods by inserting into the opening paragraph of Notification No. 432/86 the words making the additional duty leviable under section 3 of the Customs Tariff Act, 1975, eligible for credit, effected under the authority of section 5A of the Central Excises and Salt Act, 1944.
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Credit of countervailing duty on naphthalene permitted after amendment to include additional duty under Customs Tariff Act.
Amendment permits credit for countervailing duty paid on naphthalene used in specified goods by inserting into the opening paragraph of Notification No. 432/86 the words making the additional duty leviable under section 3 of the Customs Tariff Act, 1975, eligible for credit, effected under the authority of section 5A of the Central Excises and Salt Act, 1944.
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