MRP based assessment updated to specify a set rate for insulated ware under central excise notification amendment. The Central Government, invoking powers under sub section (1) and sub section (2) of section 4A of the Central Excise Act, 1944, amends Notification No. 5/2001 Central Excise (N.T.) by substituting the entry in column (4) against serial No. 44 in the Table with '45%', thereby specifying the percentage to be applied for MRP based assessment of insulated ware by Notification No. 60/2001 C.E. (N.T.), dated 13 9 2001.
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MRP based assessment updated to specify a set rate for insulated ware under central excise notification amendment.
The Central Government, invoking powers under sub section (1) and sub section (2) of section 4A of the Central Excise Act, 1944, amends Notification No. 5/2001 Central Excise (N.T.) by substituting the entry in column (4) against serial No. 44 in the Table with "45%", thereby specifying the percentage to be applied for MRP based assessment of insulated ware by Notification No. 60/2001 C.E. (N.T.), dated 13 9 2001.
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