Excise duty cap for polypropylene filament yarn limits payable duty to prescribed effective per kilogram rates for denier categories. The notification caps the excise duty payable on polypropylene filament yarn, not textured, by exempting that portion of duty in excess of amounts calculated at specified per kilogram effective rates for five denier categories corresponding to listed tariff sub headings. The exemption is effected under rule 8(1) of the Central Excise Rules, 1944 and the Schedule to the Central Excise Tariff Act, 1985, and remains in force up to and inclusive of 28 July 1987.
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Excise duty cap for polypropylene filament yarn limits payable duty to prescribed effective per kilogram rates for denier categories.
The notification caps the excise duty payable on polypropylene filament yarn, not textured, by exempting that portion of duty in excess of amounts calculated at specified per kilogram effective rates for five denier categories corresponding to listed tariff sub headings. The exemption is effected under rule 8(1) of the Central Excise Rules, 1944 and the Schedule to the Central Excise Tariff Act, 1985, and remains in force up to and inclusive of 28 July 1987.
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