Fully exempting sisal, manila yarn and its manufactures if used captively in the factory of its production. - 49/90 - Central Excise - Tariff

Fully exempting sisal, manila yarn and its manufactures if used captively in the factory of its production. Notification No. 49/90-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 sisal and manila twist, yarn, thread, ropes and twine, all sorts falling under Chapter 53 or 56 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), and consumed within the factory in which it is produced for the manufacture of sisal and manila manufactures falling under chapter 53, 56, 57 or 63 from the whole of the duty of excise leviable thereon which is specified in the said Schedule: Provided that where such consumption is elsewhere than in the factory of production, the exemption contained in this notification shall be allowable only if the procedure laid down in rule 56A of the Central Excise Rules, 1944 is followed.