S.S.I. Exemption - Amendment to Notification No. 175/86-C.E. - G.E. No. 1 - 55/92 - Central Excise - Tariff

S.S.I. Exemption - Amendment to Notification No. 175/86-C.E. - G.E. No. 1

Notification No. 55/92-C.E.

Dated 31-3-1992

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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 175/86-Central Excises, dated the 1st March, 1986, namely :-

In the said notification, -

(a) in paragraph 4, for the second proviso, the following proviso shall be substituted, namely :-

 "Provided further that nothing contained in clause (b) of the first proviso shall apply in a case where a manufacturer who is manufacturing specified goods in a factory has availed of the exemption in pursuance of clause (a) of the said proviso in any of the preceding financial years.";

(b) proviso to paragraph 5 shall be omitted;

(c) in paragraph 7, in the second proviso, for the words "Khadi and Village Industries Commission or of the State Khadi and Village Industries Board", the words "Khadi and Village Industries Commission, the State Khadi and Village Industries Board, the National Small Industries Corporation or the State Small Industries Development Corporation" shall be substituted.

2. This notification shall come into force from the 1st day of April, 1992.