Prescribing effective rate of basic excise duty of Rs. 2 in respect of lighters of value not exceeding Rs. 10/-. - 82/90 - Central Excise - Tariff

Prescribing effective rate of basic excise duty of Rs. 2 in respect of lighters of value not exceeding Rs. 10/-. Notification No. 82/90-C.E. Dated 20-3-1990 In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts cigarette lighters of a value not exceeding Rs. 10 per lighter, falling under Heading No. 96.13 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of Rs. 2 per lighter. Explanation.- For the purposes of this notification, the expression "value" means the value as determined in accordance with the provisions of section 4 of the Central Excises and Salt Act. 1944 (1 of 1944).