Seeks to prescribe an effective rate of 50% of all duties for goods cleared by 4 refineries in the North-East.

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....03/2002 (This Notification has been superseded vide Notification No. 29/2002-CE, dt. 13/05/2002) G.S.R. (E).— In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) read with sub-section(3) of section 111 of the Finance Act, 1998, sub-section(3) of section 133 of the Finance Act, 1999 and sub-clause (3) of clause 140 of the Finance ....

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....s in excess of the amount calculated at the rate of fifty per cent. of each of the duties specified in column(2) of the said Table . S.No Duty Act (1) (2) (3) 1. Duty of excise First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) 2. Special duty of excise Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) 3. Additional duty of excise ....