CBEC grants 11C benefits to 'newsprint in reels' (Chapter 48)

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Full Text of the Document

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....duty of excise (including non-levy thereof) under Section 3 of the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the said Act), on "Newsprint, in reels" falling under Chapter 48 of the First Schedule to the Central Excise Tariff Act 1985 (5 of 1986) and that such "Newsprint, in reels" were liable to duty of excise which was not being levied under Section 3 of the said Act accord....