9911796707
TMI BlogNINTH SCHEDULEX X X X Extracts X X X X X X X X Extracts X X X X ..... here an assessee in the State of Gujarat is availing of the exemption under a notification based on the value of clearances in a financial year, the duty on goods cleared during the month of February, 2002 shall be paid by the 31st March, 2002. Explanation- For removal of doubts, it is hereby clarified that the duty liability shall be deemed to have been discharged only if the amount payable is credited to the account of the Central Government by the specified date."; (b) after rule 8, the following rule shall be inserted, namely:- "8A. Manner of payment in respect of specified goods on which excise duty has been imposed with effect from 1st March, 2002:- (1) Notwithstanding anything contained in rule 8, the duty on the goods, specified in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l Excise, as the case may be, in this regard, or till such date on which the dues are paid, whichever is later, and during this period the assessee shall be required to pay excise duty for each consignment by debiting to the account current and in the event of any failure to do so, it shall be deemed that such goods have been cleared without payment of duty and the consequences and penalties as provided in these rules, shall follow. Annexure (1) All goods specified at S. No. 9 to 50 of the Table to the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 10/2002-Cen-tral Excise, dated the 1st March, 2002 published in the Gazette of India vide number G.S.R. 1 3 1 (E), dated the 1st March, 2002, which were ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ties (including plant and equipment) for carrying out bleaching, dyeing or printing or any one or more of these processes with the aid of power or steam and such fabrics were exempt from whole of the duties leviable thereon under the First Scheduled to the Central Excise Tariff Act, 1985 (5 of 1986) and the First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), immediately prior to 1st March, 2002 and on which duties have become leviable with effect from 1st March, 2002 at the rate of 12% ad valorem. (4) Woven fabrics of man-made fibres, falling under Chapter 54 or Chapter 55, when subjected to any one or more of the following processes, namely: - (a) singeing, that is to say, burning away of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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