Cosmetics and toilet preparations Valuation of - Amendment to Notification No. 140/83-C.E. - 36/97 - Central Excise - Tariff

Cosmetics and toilet preparations Valuation of - Amendment to Notification No. 140/83-C.E.

Notification No. 36/97-C.E.

Dated 20-6-1997

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 makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 140/83-Central Excise, dated the 5th May, 1983, namely :-

In the said notification, for Explanation I, the following shall be substituted, namely, -

"Explanation-I. - For the purposes of this notification, the expression 'value' means -

(a) in respect of goods falling under heading No. 33.03, 33.04, 33.05, or 33.07, of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), the value as determined in accordance with the provisions of section 4A of the said Central Excise Act and

(b) in respect of other goods, the value as determined in accordance with the provisions of section 4 of the said Central Excise Act.".

2. This notification shall come into force on the 1st day of July, 1997.