Budget Notification on Excise

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....entral Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the finished products, rejects and waste or scrap specified in the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), produced or manufactured, in a hundred per cent export-oriented undertaking or a free trade zone wholly from the raw materials....

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....geable to Nil rate of duty; and ^5(b) the finished products, rejects, waste or scrap and by-product allowed to be sold in India under and in accordance with the provisions of sub-paragraphs (a), (b), (d) and (h) of paragraph 6.8 of the Export and Import Policy, 1st April, 2002 - 31st March, 2007, published by the Government of India in the Ministry of Commerce and Industry vide notification No.....

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..... (Please refer Cus Cir No.38/2002 date 1/07/2002) *********************** Note : 1. For the words, figures and brackets "leviable under section 12 of the Customs Act, 1962 (52 of 1962) read with any other notification for the time being in force issued under sub-section (1) of section 25 of the said Customs Act", the words, figures and brackets "leviable under the Customs Act, 1962 (5....