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    <description>Exemption grants a reduced ad valorem excise duty of two per cent on specified pigments, paints and related goods manufactured with power and cleared for home consumption between 1 April 1985 and 31 March 1986, up to an aggregate clearance value of rupees one crore. Eligibility requires that the industrial unit&#039;s capital investment in plant and machinery not exceed rupees twenty lakhs as certified by an Assistant Collector of Central Excise; prior clearances under an earlier notification are included in the aggregate, manufacturers availing a different contemporaneous exemption are excluded, and Zinc Oxide is specifically excluded.</description>
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      <description>Exemption grants a reduced ad valorem excise duty of two per cent on specified pigments, paints and related goods manufactured with power and cleared for home consumption between 1 April 1985 and 31 March 1986, up to an aggregate clearance value of rupees one crore. Eligibility requires that the industrial unit&#039;s capital investment in plant and machinery not exceed rupees twenty lakhs as certified by an Assistant Collector of Central Excise; prior clearances under an earlier notification are included in the aggregate, manufacturers availing a different contemporaneous exemption are excluded, and Zinc Oxide is specifically excluded.</description>
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