NOTIFICATION                New  Delhi, dated the 1st March, 1997
No.8/97-CENTRAL EXCISE      10 Phalguna ,1918 (Saka)
  
  
  
      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), the Central Government, being satisfied that it is
necessary  in the public interest so to do, hereby exempts  the
finished products, rejects and waste or scrap specified in  the
Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and
produced  or  manufactured,  in a  hundred  per  cent.  export-
oriented undertaking or a free trade zone  wholly from the  raw
materials produced or manufactured in India, and allowed to  be
sold  in  India under and in accordance with the provisions  of
paragraphs  102 and 114 of the Export and import Policy  1April
1992  -  31  march  1997, from so much of the  duty  of  excise
leviable  thereon  under section 3 of the Central  Excise  Act,
1944  (1  of 1944), as is in excess of an amount equal  to  the
duty of excise leviable under the said section 3 of the Central
Excise  Act, on like goods, produced or manufactured  in  India
other  than  in a hundred per cent. export-oriented undertaking
or a free trade zone, if sold in India.
 
 
 
                                             (NAVNEET GOEL)
                     UNDER SECRETARY TO THE GOVERNMENT OF INDIA