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TMI BlogExemption to components of IC engines cleared under Chapter X procedure before the Budget but used after the Budget - Whether exemption applicable - RegardingX X X X Extracts X X X X X X X X Extracts X X X X ..... ular No. 48/48/94-CX Dated 12-8-1994 [From F.No. 356/67/94-TRU] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs, New Delhi Subject : Exemption to components of IC engines cleared under Chapter X procedure before the Budget but used after the Budget - Whether exemption applicable - Regarding. I am directed to say t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d subsequently or still lying with the end users. It seems that in some cases field officers have taken a view that with the rescinding of the aforesaid notifications w.e.f 1-3-1994, the end-user would have to pay excise duty on the components which were received prior to 1-3-1994 but still not used for the intended purpose by 1-3-1994. 3. The matter has been examined. It is to be noted that the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n engines which themselves are exempt from the whole of the excise duty leviable thereon. In other words, in so far as notification No. 112/88-C.E. is concerned, if the components are used in the manufacture of such engines which are exempt under notification No. 1/93-C.E. the exemption would be applicable even in such a situation. 4. It is requested that the pending cases may kindly be decided ..... X X X X Extracts X X X X X X X X Extracts X X X X
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