Exemption to ASTRA - Government Revives Dead Notification
AS per Sl. No. 24 of the Table to the Notification No. 64/95 - CE dated 16-3-1995; Equipment and stores used for the systems and sub-systems of Project ASTRA of the Government of India in the Ministry of Defence are exempted from the whole of excise duty. But this was effective only till31-8-2012. Now the Government has extended this exemption till28-2-2013, but effective from 19-11.2012. There was no exemption for the period 1-9-2012 to 18.11.2012, simply because somebody in the Board was sleeping!
Notification No., Dated: November 19, 2012