Exemption to goods produced out of used articles of gold, silver etc. - Amendment to Notification No. 228/88-C.E. - 159/90 - Central Excise - Tariff

Exemption to goods produced out of used articles of gold, silver etc. - Amendment to Notification No. 228/88-C.E.

Notification No. 159/90-C.E.

Dated 16-11-1990

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 amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 228/88-Central Excises, dated the 6th July, 1988, namely :-

In the said notification, -

(i) the "Explanation" shall be numbered as "Explanation I"

(ii) after "Explanation I" as so numbered, the following Explanation shall be inserted, namely :-

"Explanation II: - For the purposes of this notification, "articles" in relation to gold shall mean any thing (other than ornaments), in a finished form, made of, manufactured from or containing, gold and includes any gold coin and broken pieces of an article of gold but does not include primary gold, that is to say, gold in any unfinished or semi-finished form including ingots, bars, blocks, slabs, billets, shots, pellets, rods, sheets, foils and wires".