Effective rate of additional duty for knitted or crocheted fabrics [Sub-Heading No. 6001.12] - 002/88 - Central Excise - Tariff

Effective rate of additional duty for knitted or crocheted fabrics [Sub-Heading No. 6001.12] Notification No. 2/88-C.E. Dated 19-1-1988 In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 260/87-Central Excises, dated the 9th December, 1987, the Central Government hereby exempts goods of the description specified in column (2) of the Table hereto annexed and falling under the sub-heading No. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), specified in the corres ponding entry in column (1) of the said Table, from so much of the duty of excise leviable thereon under the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Tabel : THE TABLE Sub-heading No. Description of goods Rate (1) (2) (3) 6001.12 Knitted or crocheted fabrics of manmade textile materials whose value per square metre - 50 paise per squre metre Rs. 1.25 per square metre. (a) does not exceed rupees ten (b) exceeds rupees ten but does not exceed rupees twenty-five