Excise exemption for institute-produced goods subject to certification, recordkeeping and inspection by excise officers.
Exempts from the whole of excise duty goods produced in a technical, educational and research institute when produced during technical training or while carrying out experiments or research, conditional on satisfaction of an officer not below Assistant Commissioner that production was in the specified manner and on furnishing required certificates/evidence, maintaining prescribed records, and permitting inspection of premises by Central Excise officers.