TMI BlogAmending certain notifications so as to, inter-alia, - (i) prescribe effective duty for chassis of specified motor vehicles, and to prescribe effective duty for bus body building and to fully exempt from excise duty on truck body building (with certain exceptions);X X X X Extracts X X X X X X X X Extracts X X X X ..... Rs. 35,000 per tonne so as to attract the concessional rate of 15%; (iv) exempt feature films from excise duty; (v) prescribe effective rate of basic excise duty of 15% for water based paints and insulating varnishes and 30% for plastic/oil based paints. Notification No. 89/90-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 directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed shall be amended or further amended, as the case may ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... able under section 3 of the Customs Tariff Act, 1975 (51 of 1975), as the case may be, has been paid at the rate of 20% ad valorem plus Rs. 4,500 per chassis. 18. 87.04 (i) Motor vehicles for the transport of goods other than those specially designed for the transport of liquids and liquefied gases Rs. 4,200 per motor vehicle If no credit of the duty paid - (i) on the chassis used in the manufacture of such motor vehicles, and (ii) on the other inputs received by a manufacturer on or after the 24th day of April, 1986, has been taken under rule 56A or rule 57A of the said rules; (ii) Motor vehicles for the transport of goods other than those specially designed for the transport ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and the entries relating thereto, the following S. No. and entries shall be substituted, namely, - S. No. Description Rate of duty for films made wholly in black and white Rate of duty for films made wholly or partly in colour (1) (2) (3) (4) 01. Feature Film, not exceeding 4000 metres in length - (a) cleared for home consumption before the date of first release of the film for public exhibition in India or within twelve months from such date, or both NIL NIL (b) cleared for home consumption after twelve months from the date of first release of the film for public exhibition in India. NIL NIL 02. Dubbed Feature Films, not exceeding 4000 metres in length - (a) cleared for home consump ..... X X X X Extracts X X X X X X X X Extracts X X X X
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