Exemption to paper and paperboard manufactured by Ashok Paper Mills (Bihar Units) from 50% of excise duty for ten years

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....r Mills (Bihar Units) from 50% of excise duty for ten years Notification No. 34/99-CE Dated 21st July, 1999 WEHEREAS the Supreme Court of India has approved a scheme for rehabilitation of Ashok Paper Mills (Bihar Unit) situated in Darbangha in the State of Bihar and as per the scheme Ashok Paper Mills (Bihar Unit) is to be taken over by M/s. Nouveau Capital and Finance Ltd.; AND WHEREAS accoun....

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.... the First Schedule ot the Central Excise Tariff Act, 1986 (5 of 1986), manufactured by Ashok Paper Mills (Bihar Unit) located at Darbangha in the State of Bihar from so much of the duty of excise leviable thereon under section 3 of the Central Excise Act which is in excess of the amount calculated at the rate of fifty per cent of the rate of duty leviable on the said paper and paperboard under th....