Amends Notification Nos. 231/85-C.E. and 75/87-C.E.
Notification No. 62/93-C.E.
Dated 28-2-1993
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table hereto annexed, shall be further amended in the manner specified in the corresponding entry in column (3) of the said Table.
TABLE
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S. No. |
Notification No. and Date |
Amendment |
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(1) |
(2) |
(3) |
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1. |
No. 231/85-Central Excises, dated the 11th November, 1985. |
In the first proviso to paragraph 1 of the said notification, for the words "rupees fifty lakhs", the words "rupees seventy-five lakhs" shall be substituted. |
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2. |
No. 75/87-Central Excises, dated the 1st March, 1987. |
In the said notification, -
in paragraph 1, - (a) |
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|
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(i) |
for the figures and words "for home consumption on or after the 1st day of, April", the figures and words "for home consumption or for export to Nepal or Bhutan on or after the 1st day of April" shall be substituted; |
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(ii) |
for the words "rupees five lakhs", at two places where they occur, the words and figures "Rs. 15 lakhs" shall be substituted; |
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(iii) |
in clause (b), for the words "sixty per cent", the figures and words "50 per cent" shall be substituted; |
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(b) in paragraph 2, in clause (b), for the words "rupees forty lakhs", the words and figures "Rs. 50 lakhs" shall be substituted; |
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(c) in paragraph 3, for the words and figures "Rs. 40 lakhs", at two places where they occur, the words and figures "Rs. 50 lakhs" shall be substituted; |
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(d) in paragraph 4, for the words and figures "Rs. 40 lakhs", the words and figures "Rs. 50 lakhs" shall be substituted. |
2. This notification shall come into force on the 1st day of April, 1993.
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