Modvat - Inputs of tooth powder and tooth paste - 11th Amendment of 1997 to Central Excise Rules - 57/97 - Central Excise - Non Tariff

Modvat - Inputs of tooth powder and tooth paste - 11th Amendment of 1997 to Central Excise Rules

Notification No. 57/97-C.E. (N.T.)

Dated 18-9-1997

In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), (hereinafter referred to as the said Act) the Central Government hereby makes the following rules further to amend the Central Excise Rules, 1944, (hereinafter referred to as the said Rules), namely :-

1. (i) These rules may be called the Central Excise (Eleventh Amendment)  Rules, 1997.

(ii) They shall come into force on the 1st day of October, 1997.

2. In the said rules, in rule 57F, in sub-rule (17), after clause (d), the following shall be inserted, namely :-

"(e) on the first day of October, 1997, with the manufacturer of tooth powder and tooth paste, falling under sub-heading No. 3306.10 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) shall lapse and shall not be allowed to be utilised for payment of duty on any excisable goods, cleared for home consumption or for export :

Provided that nothing contained in this clause shall apply to credit of duty, if any, in respect of inputs lying in stock or contained in finished products lying in stock on the first day of October, 1997.".