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    <title>NE Region – Exemption from Excise Duty (Chapter 24)</title>
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    <description>Exemption caps basic, special and additional excise duties for specified Chapter 24 goods produced in eligible units in the seven North Eastern States, exempting duty in excess of the tabulated rates provided units meet commencement, prior-notification benefit and continuity conditions. The differential duty must be reinvested in plant and machinery in an eligible State within prescribed quarterly timelines, evidenced to a three-member Committee which issues certification for submission to the jurisdictional Central Excise Officer. Investments carry a ten-year lock-in or trigger immediate duty liability if withdrawn and not reinvested as required.</description>
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    <pubDate>Mon, 25 Aug 2003 00:00:00 +0530</pubDate>
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      <title>NE Region – Exemption from Excise Duty (Chapter 24)</title>
      <link>https://www.taxtmi.com/notifications?id=734</link>
      <description>Exemption caps basic, special and additional excise duties for specified Chapter 24 goods produced in eligible units in the seven North Eastern States, exempting duty in excess of the tabulated rates provided units meet commencement, prior-notification benefit and continuity conditions. The differential duty must be reinvested in plant and machinery in an eligible State within prescribed quarterly timelines, evidenced to a three-member Committee which issues certification for submission to the jurisdictional Central Excise Officer. Investments carry a ten-year lock-in or trigger immediate duty liability if withdrawn and not reinvested as required.</description>
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      <pubDate>Mon, 25 Aug 2003 00:00:00 +0530</pubDate>
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