Exemption to certain specified man-made fabrics - 60/87 - Central Excise - Tariff

Exemption to certain specified man-made fabrics Notification No. 60/87-C.E. Dated 1-3-1987 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), the Central Government hereby exempts goods of the description specified in column (3) of the Table hereto annexed and falling under the heading Nos. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) as is specified in the corresponding entry in column (2) 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 (4) of the said Table. THE TABLE S. No. Heading No. Description of goods Rate (1) (2) (3) (4) 01. 54.09 and 55.08 Fabrics whose value per square metre - (i) does not exceed rupees ten 50 paise per square metre. (ii) exceeds rupees ten but does not exceed rupees twenty. Rs. 1.25 per square metre. (iii) exceeds rupees twenty but does not exceed rupees twenty-five. Rs. 2.00 per square metre. (iv) exceeds rupees twenty-five but does not exceed rupees fifty. 10 per cent ad valorem . (v) exceeds rupees fifty but does not exceed rupees one hundred. 15 per cent ad valorem . 02. 54.12 and 55.11 Fabrics whose value per square metre - (i) does not exceed rupees twenty-five. 50 paise per square metre. (ii) exceeds rupees twenty-five but does not exceed rupees fifty 10 per cent ad valorem . (iii) exceeds rupees fifty but does not exceed rupees one hundred. 15 per cent ad valorem . 03. 55.12 Fabrics whose value per square metre - (i) does not exceed rupees twenty-five. Re. 1.00 per square metre. (ii) exceeds rupees twenty-five but does not exceed rupees fifty. 10 per cent ad valorem . (iii) exceeds rupees fifty but does not exceed rupees one hundred. 15 per cent ad valorem .