Download Document

English
29th January, 2002
Notification No. 3/2002 - Central Excise
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) read with
clause (c) of section 119 of the Finance Act, 1999 (27 of 1999), the Central Government, being satisfied that it is necessary in
the public interest so to do, hereby exempts goods falling in Chapter 27 of the First Schedule to the Central Excise Tariff Act,
1985 (5 of 1986) and the Second Schedule to that Act, respectively, and cleared from Assam Oil Division, Indian Oil
Corporation, Digboi, from so much of each of the rate of the duties of excise set forth thereon in the said First Schedule and the
Second Schedule as is in excess of the amount calculated at fifty per cent. of each of the duties of excise leviable thereon
under section 3 of the said Central Excise Act, 1944 subject to any other notification, issued under sub-section (1) of section
5A of the said Central Excise Act, and is for the time being in force.
T.R.Rustagi
Joint Secretary to the Government of India
F.No. 354/178/2001-TRU
notifications no 03 2002 ce | iKargos