Exemption to ornaments, precious stones etc. - Amendment to Notification No. 53/86-C.E. - 158/90 - Central Excise - Tariff

Exemption to ornaments, precious stones etc. - Amendment to Notification No. 53/86-C.E.

Notification No. 158/90-C.E.

Dated 16-11-1990

In exercise of the powers conferred bysub-section (1) ofsection5A 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. 53/86-Central Excises, dated the 10th February, 1986, namely :-

In the Schedule annexed to the said notification, -

(i) in item (1), the words "manufactured by goldsmiths or silversmiths" shall be omitted;

(ii) the following explanation shall be inserted at the end, namely :-

"Explanation : For the purposes of this notification, "ornament" means a thing, in a finished form, meant for personal adornment or for the adornment of any idol, deity or any other object of religious worship, made of, or manufactured from, gold or silver or both, whether or not set with stones er gems (real or artificial) or with pearls (real, cultured or imitation), or with all or any of them and includes parts, pendants or broken pieces of ornaments."