Consolidating certain exemptions in respect of goods falling under Chapter 47. - 38/90 - Central Excise - Tariff

Consolidating certain exemptions in respect of goods falling under Chapter 47. Notification No. 38/90-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 goods specified in column (3) of the Table hereto annexed and falling under the heading No. or sub-heading No. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), specified in the corresponding entry in column (2) of the said Table, from so much of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table, subject to conditions, if any, specified in column (5) of the said Table: TABLE S. No. Heading No./sub-heading No. Goods Rate Condition (1) (2) (3) (4) (5) 1. 47.01 All goods Nil Nil 2. 4702.00 Waste and scrap of paper or paper board 10% plus Rs. 1550 per tonne Nil 3. 4702.00 Waste and scrap of paper or paper board Nil If such waste or scrap arises from paper or paper board on which the appropriate duty of excise le viable thereon un der the Central Excises and Salt Act, 1944 (1 of 1944) or the additional duty leviable thereon under section 3 of the Customs Ta riff Act, 1975 (51 of 1975), as the case may be, has been paid. Explanation :- For the purposes of this notification, "paper or paper board" shall be deemed to have paid the appropriate duty of excise leviable thereon under the Central Excises and Salt Act, 1944 (1 of 1944) or the additional duty leviable under Section 3 of the Customs Tariff Act, 1975 (51 of 1975), if it is purchased from the market.