The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 35] NEW DELHI, MONDAY, JANUARY 24, 1972/MAGHA 4, 1893
Separate paging is given to this Part in order that it may be filed
as a separate compilation
MINISTRY OF FINANCE
(Department of Revenue and Insurance)
NOTIFICATION
CENTRAL EXCISES
New Delhi, the 24th January 1972
G.S.R. 56(E).—In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944 and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue and Insurance) No. 91/71- Central Excises, dated the 29th May, 1971, the Central Government hereby exempts com- pounded lubricating oils and greases, falling under Item No. 11-B of the First Schedule to the Central Excises and Salt Act, 1944 (1 of 1944), from so much of the duty of excise leviable thereon as is in excess of 13 per cent ad valorem:
Provided that a manufacturer availing of the benefit of the exemption under this noti- fication shall not permitted, in respect of such compounded lubricating oils and greases, to avail of the special procedure prescribed under rule 56-A of the Central Excise Rules and shall also not be eligible to utilise the credit standing in the Entry Book of proforma credit, in form R.G. 23, Part II, prescribed under the said rule.
[No. 15/72—No. F. 89/15/71-CX-3.]
172 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 3(0]