| Date: |
29-01-2002
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| Notification No: |
Central Excise Notification No 3/2002
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| Issuing Authority: |
Central Excise
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| Type: |
Tariff
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| File No: |
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| Subject: |
Exemption to goods manufactured by Assam Oil Division, Indian Oil Corporation, Digboi, Assam
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Exemption to goods manufactured by Assam Oil Division, Indian Oil
Corporation, Digboi, Assam
Notification No. 3 dated
29th January 2002
This notification has been rescinded by Central
Excise Notification No. 13 dated 1st March 2002.
In exercise of the powers conferred by sub-section
(1) of section 5A of the Central Excise Act, 1944 (1 of 1944) read with clause
(c) of section 119 of the Finance Act, 1999 (27 of 1999), the Central
Government, being satisfied that it is necessary in the public interest so to
do, hereby exempts goods falling in Chapter 27 of the First Schedule to the
Central Excise Tariff Act, 1985 (5 of 1986) and the Second Schedule to that Act,
respectively, and cleared from Assam Oil Division, Indian Oil Corporation,
Digboi, from so much of each of the rate of the duties of excise set forth
thereon in the said First Schedule and the Second Schedule as is in excess of
the amount calculated at fifty percent of each of the duties of excise
leviable thereon under section 3 of the said Central Excise Act, 1944 subject to
any other notification, issued under sub-section (1) of section 5A of the said
Central Excise Act, and is for the time being in force.
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