Notification supersedes Notification No. 21/2002-Central Excise, dated 1st March, 2002

13th May, 2002

Notification No. 29/2002-Central Excise

G.S.R. 362(E).– 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 111 of the Finance Act, 1998 (21 of 1998), sub-section(3) of section 133 of the Finance Act, 1999 (27 of 1999) and sub-section (3) of section 147 of the Finance Act, 2002 , (20 of 2002) and in super session of the notification of the Government of India in the Ministry of Finance( Department of Revenue) No 21/2002-Central Excise, dated the 1^st March, 2002 [G.S.R. 142 (E), dated the 1^st 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 cleared from

(a) Numaligarh Refinery, or

(b) Bongaigaon Refineries and Petrochemicals Limited, or

(c) Indian Oil Corporation, Guwahati, or

(d) Assam Oil Division, Indian Oil Corporation, Digboi,

from so much of each of the duties of excise specified in column(2) of the Table hereto annexed, leviable under the Acts specified in the corresponding entry in column(3) of the said Table, as is in excess of the amount calculated at the rate of fifty per cent. of each of the duties specified in column(2) of the said Table, namely:-

Table