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Exemption to specified cotton fabrics - 56/87 - Central Excise - TariffExtract Exemption to specified cotton fabrics Notification No. 56/87-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, the Central Government hereby exempts goods, falling under the sub-heading Nos. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), specified in column (2) of the Table hereto annexed, 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 (3) of the said Table. THE TABLE S. No. Sub-heading No. Rate (1) (2) (3) 01. 5206.20 and 5207.20 Fifty per cent of the duty leviable under heading No. 52.06 (excluding sub-heading No. 5206.20 of the said Schedule, read with any notification for the time being in force depending upon the average count of the yarn in the fabric and the value per square metre of the fabric. 02. 5207.90 and 5208.19 Fifty per cent of the duty leviable under heading No. 52.06 of the said Schedule read with any notification for the time being in force depending upon the average count of the yarn in the fabric and the value per square metre of the fabric. 03. 5208.22 Forty per cent of the duty leviable under heading No. 52.06 of the said Schedule read with any notification for the time being in force depending upon the average count of the yarn in the fabric and the value per square metre of the fabric. 04. 5208.29 Duty leviable under heading No. 52.06 of the said Schedule read with any notification for the time being in force depending upon the average count of the yarn in the fabric and the value per square metre of the fabric.
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