Exemption for Goods Used in Factory Manufacturing Final Products Rescinded by Notification No. 24/2005-CE
Notification No. 12/2005-CE, dated March 1, 2005, issued under the Central Excise Act, 1944, exempts all goods produced and used within the factory for manufacturing a final product from the entire additional duty of excise. This exemption applies to goods subject to additional duty under sub-clause (1) of clause 85 of the Finance Bill, 2005. The notification was later rescinded by Notification No. 24/2005-CE, dated May 13, 2005.
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