NTF. NO. 18/2009-CE, DT. 07/07/2009

Supersedes NTF. NO. 23/2006-CE, DT. 01/03/2006 - Naphtha to attract 14% Central Excise duty

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) and in supersession of the Government of India in the Ministry of Finance (Department of Revenue) notification No.23/2006- Central Excise, dated the 1st March 2006, published in the Gazette of India, Extraordinary, Part II Section 3, Sub-section (i), vide number G.S.R. 125(E), dated the 1st March , 2006, except as respects things done or omitted to be done before such supersession, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts-

(a) all goods falling under tariff items 27101111, 27101112 and 27101113 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986); and

(b) Naphtha falling under heading 2710 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986),

from so much of the duty of excise leviable thereon under the First Schedule to the Central Excise Tariff Act, as is in excess of the amount calculated at the rate of 14 per cent. ad valorem.

[F .No. 334/13/2009-TRU]

(Prashant Kumar)
Under Secretary to the Government of India

Presented by eximkey.com