Notification No. 17/2002-Central Excise, issued on 1st March 2002, provides an exemption for goods falling under heading No. 09.02 of the First Schedule to the Central Excise Tariff Act, 1985. In exercise of the powers under Section 5A of the Central Excise Act, 1944, the Central Government exempts these goods from excise duty beyond the amount calculated at the rate of one rupee per kilogram. This exemption aims to alleviate the financial burden on these specific goods, which are classified under the relevant tariff heading. The notification reflects the government’s decision to reduce excise duties on these products in the public interest.
Exemption for goods falling under heading No. 09.02 of the First Schedule to the Central Excise Tariff Act, 1985.
1st March, 2002
Notification No. 17/2002-Central Excise
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods falling under heading No. 09.02 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon which is specified in the said First Schedule, as is in excess of the amount calculated at the rate of one rupee per kilogram.
T.R. Rustagi
Joint Secretary to the Government of India
F. No. 334/1/2002-TRU
