Exemption to certain specified cotton fabrics - 55/87 - Central Excise - Tariff

Exemption to certain specified cotton fabrics Notification No. 55/87-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 of the description 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. THE TABLE S. No. Heading No. or sub-heading No. Description of goods Rate 01. 52.06 I. Cotton fabrics, in which the average count of yarn is less than 51 and whose value per square metre - (i) exceeds rupees five but does not exceed rupees ten. 20 paise per square metre. (ii) exceeds rupees ten but does not exceed rupees fifteen. 50 paise per square metre. (iii) exceeds rupees fifteen but does not exceed rupees twenty-five. 80 paise per square metre. II. Cotton fabrics (other than those in which the average count of yarn is less than 51) and whose value per square metre - (i) does not exceed rupees fifteen. 50 paise per (ii) exceeds rupees fifteen but does not exceed rupees twenty-five. 80 paise per square metre. 02. 52.09 Cotton fabrics whose value per square metre exceeds rupees twenty-five. Nil 03. 52.10 Cotton fabrics whose value per square metre exceeds rupees twenty-five. Nil 04. 5211.10 Cotton fabrics whose value per square metre exceeds rupees twenty-five but does not exceed rupees fifty. Nil 05. 5211.20 Cotton fabrics whose value per square metre exceeds rupees fifty. Nil