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Notification No. 28/2002, Dated 13th May, 2002

13th May, 2002

Notification No. 28 / 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 sub-section (3) of section 147 of the Finance Act, 2002 ( 20 of 2002), and in supersession of the notification of the Government of India in the Ministry of Finance( Department of Revenue) No 19/2002-Central Excise, dated the 1st March , 2002 [ G.S.R 140(E), dated the 1st March, 2002], the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods falling within the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and specified in column(2) of the Table hereto annexed , from so much of the special additional excise duty leviable thereon under sub-section(1) of section 147 of the said Finance Act, as is in excess of the amount indicated in the corresponding entry in column (3) of the said Table, namely:-

 

Table

 

 

S.No

Description of goods

Rate

(1)

(2)

(3)

1.

Motor spirit , commonly known as petrol

Rupees six per litre

2.

High speed diesel oil

Nil

 

 

(G. D. Lohani)

Under Secretary to the Government of India

F.No B10/3/2002-TRU

 

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