9911796707
TMI BlogExempts the goods in the State of SikkimX X X X Extracts X X X X X X X X Extracts X X X X ..... hereto, from so much of the duty of excise or additional duty of excise, as the case may be, leviable thereon under any of the said Acts as is equivalent 3[to the duty payable on value addition undertaken in the manufacture of the said goods by the said unit] 4[2. The duty payable on value addition shall be equivalent to the amount calculated as a percentage of the total duty payable on the said excisable goods of the description specified in column (3) of the Table below (hereinafter referred to as the said Table) and falling within the Chapter of the said First Schedule as are given in the corresponding entry in column (2) of the said Table, 5"when manufactured starting from inputs specified in the corresponding entry in column (5) of the said Table in the same factory," at the rates specified in the corresponding entry in column (4) of the said Table: 6TABLE S.No. Chapter of the First Schedule Description of goods Rate Description of inputs for manufacture of goods in column (3) (1) (2) (3) (4) (5) 1. 29 All goods 29 Any goods 2. 30 All goods 56 Any goods 3. 33 All goods 56 Any goods 4. 34 All goods 38 Any goods 5. 38 All g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... paragraph 2 to the manufacturer by the 15th of the month following the one in which the statement as at clause (a) above has been submitted. 2C Notwithstanding anything contained in sub-paragraph 2B above,- (a) the manufacturer at his own option, may take credit of the amount calculated in the manner specified in paragraph 2 in his account current, maintained in terms of the Excise Manual of Supplementary Instructions issued by the Central Board of Excise and Customs. Such amount credited in the account current may be utilized by the manufacturer for payment of duty, in the manner specified under rule 8 of the Central Excise Rules, 2004, in subsequent months, and such payment shall be deemed to be payment in cash; (b) the credit of the refund amount may be taken by the manufacturer in his account current , by the 7th of the month following the month under consideration; (c) a manufacturer who intends to avail the option under clause (a) shall exercise his option in writing for availing such option before effecting the first clearance in any financial year and such option shall be effective from the date of exercise of the option and shall not be withdrawn during the remaining ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he manufacturer shall have the option not to avail the rates specified in the said Table and apply to the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, having jurisdiction over the manufacturing unit of the manufacturer for fixation of a special rate representing the actual value addition in respect of any goods manufactured and cleared under this notification, if the manufacturer finds that the actual value addition in the production or manufacture of the said goods is at least 115 per cent of the rate specified in the said Table and for the said purpose, the manufacturer may make an application in writing to the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, not later than the 30th day of September in a financial year for determination of such special rate, stating all relevant facts including the proportion in which the material or components are used in the production or manufacture of goods: Provided that the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, may, if he is satisfied that the manufacturer was prevente ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, to withdraw the rate so fixed. Explanation : For the purpose of this paragraph, the actual value addition in respect of said goods shall be calculated on the basis of the financial records of the preceding financial year, taking into account the following: (i) Sale value of the said goods excluding excise duty, Value Added Tax and other indirect taxes, if any, paid on the goods; (ii) Less: Cost of raw materials and packing material consumed in the said goods; (iii) Less: Cost of fuel consumed if eligible for input credit under CENVAT Credit Rules, 2004; (iv) Plus: Value of said goods available as inventory in the unit but not cleared, at the end of the financial year; (v) Less: Value of said goods available as inventory in the unit but not cleared, at the end of the financial year preceding that under consideration. Special rate would be the ratio of actual value addition in the production or manufacture of the said goods to the sale value of the said goods excluding excise duty, Value Added Tax and other indirect taxes, if any, paid on the goods. 9(5) The manufacture ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uty Commissioner of Central Excise, as the case may be, shall refund the differential amount, if any, to the manufacturer not later than the 15th day of May in the subsequent financial year. " 5. The exemption contained in this notification shall apply only to the following kinds of units namely:- (i) new industrial units which have commenced commercial production on or after the 23rd day of December, 2002, but not later than the 31st day of March, 2007; (ii) industrial units existing before the 23rd day of December, 2002, but which have undertaken substantial expansion by way of increase in installed capacity.by not less than twenty-five per cent. on or after the 23rd day of December, 2002, but have commenced commercial production from such expanded capacity, not later than the 31 st day of March, 2007. 6. The exemption contained in this notification shall apply to any of the said units for a period not exceeding ten years from the date of publication of this notification in the Official Gazette or from the date of commencement of commercial production, whichever is later. [1]7. The exemption contained in this notification shall not apply to such goods which have been su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 to 768, 1049, 1050, 1058, 1061, 1705, 1706, 1794 to 1799, 661, 663, 685, 503, 505, 1701, 506, 158, 2219, 1010, 2220, 1018, 2229, 679, 700, 703, 2222, 49, 2232, 63, 2234, 69, 1409, 2236, 1057, 904, 2252, 135, 2255, 152, 2262, 1505,1722 to 1724 2 Budang 616, 649, 1006, 1657, 387, 389, 1497, 1556, 1568, 1571, 419, 445, 1496, 1504, 335, 1080, 1083, 1132, 1170, 1192, 1193, 1195, 1196, 680 to 683, 706, 878, 879, 886, 699 to 701, 703, 881, 875, 882, 884, 888 to 890, 678, 705, 1243, 1246, 1248 to 1250, 711, 960, 208, 1975, 2028, 2030, 1297, 1777, 2049, 2053 to 2055, 1888, 1889, 1891 to 1893, 2060, 1848, 2098, 2083, 2074, 1950, 2099, 2075, 2082, 2088, 1964, 1972 to 1974, 1980, 1981, 2069, 2057, 2068, 2066, 1159, 1238, 1260, 1261, 1326, 1327, 1239, 1240, 1227, 1157, 1158, 1155, 1150, 1154, 1215 to 1217 3. Soreng 1794, 2089 to 2093, 1838, 1839, 1041 to 1043, 616, 682, 695, 1796, 1895, 1794, 1859, 1819, 1822, 675, 685, 686, 1703, 520, 521, 611 to 613, 599, 1083, 1087, 1100, 1101, 515, 518, 531, 555, 558 to 561, 567 4. Majuwa 1793, 1836, 1853, 1795, 1855, 1856, 1817, 1831, 1701, 1846, 1832, 1841, 1834 5. Suntaley 1037, 925, 1850, 851, 852, 898 to 900, 902 6. Singling 1857, 103, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5, 187, 109, 192, 193, 200, 201, 203, 204, 211, 212, 219 to 222, 226 to 228, 235, 242, 243, 245 to 256, 288, 260, 263, 265, 268, 272, 278, 282 to 287, 289, 273, 295, 315, 333 to 335, 339, 370, 274, 277, 280, 304 to 307, 309, 318, 320, 323, 332, 349, 338, 347, 354, 356 to 359, 361, 362, 369, 365, 366, 380, 397 to 400, 402, 404, 405, 429, 432 to 437, 457 to 469, 471 to 475, 491, 499 to 501, 447, 485, 503, 506, 515, 518, 517, 526, 529, 532, 531, 534 to 537, 561, 568, 570, 575, 594, 539, 540, 542, 546 to 548, 550, 552, 553, 556, 562, 564, 567, 585 to 588, 590 to 593, 596, 600, 601, 604 to 608, 610, 612 to 616, 619, 642 to 644, 624 to 627, 632, 637, 638, 647, 653 to 655, 659, 663, 673 to 676, 685, 649, 657, 664, 669, 682, 686, 693, 696, 702 to 704, 712, 715, 726, 729, 736, 741, 751, 746, 763, 823, 735, 812 to 815, 817, 819, 821, 827, 847, 848, 859, 897, 913, 916, 920, 961, 966, 922, 924, 926, 1082, 1096, 1105, 1115, 1110, 1130, 1117, 296/1442, 309/1446, 310/1445, 141/1451, 491/1437, 280/1469, 1088/1471, 563/1521, 910/1438, 550/1475, 630/1489, 445/1543, 28/1544 3. Gyalsing 628, 632, 382, 383, 387, 388, 389, 390, 490, 480, 661, 663, 665, 666, 145, 222, 288, 370, 371, 409, 178, 183, 347 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 66, 569 to 572, 579 to 609, 611 to 615, 635, 626 to 628, 489/862, 639, 642, 645, 665, 681 to 683, 698, 699, 693, 694, 618, 620, 622, 632 to 634, 658 to 664, 623, 625, 637, 638, 674, 738, 729, 630, 831/874, 653, 670 to 672, 646, 666, 644, 469/861, 756/935, 805/904, 643, 684, 695, 696, 698, 641, 649, 650, 654 to 656, 668, 669, 676, 2/865, 829, 728/13, 733 to 735, 737, 758, 772, 809, 751, 753, 757, 763, 774, 765 to 767, 769, 770, 779 to 783, 790, 821, 216/877, 218/878, 219/879, 741, 729, 730, 718, 720, 722 to 729, 739, 827, 749, 796, 798, 778, 740, 745 to 748, 750, 731, 732, 736, 752, 754 to 756, 760, 762, 793, 759, 782, 783, 785 to 788, 793, 798, 799, 791, 805, 807, 810 to 813, 818 to 825, 828, 841, 848, 831 to 833, 843 to 845, 849, 861, 785/871, 801, 820/895, 894, 820/870, 800, 820/869, 510/999, 570/951, 580/593, 518/708, 218/880, 217/881, 216/882, 217/883, 219/884, 217/885, 209/889, 888/933, 904/934, 755/889, 810/874, 811/875, 738/860, 464/865, 465/892, 245/893, 800/895, 786/896, 728/898, 731/899, 838/900, 745/894, 755/932, 820/900, 639/902, 365/864, 812/903, 758/905, 872/906, 787/907, 794/867, 824/868, 80/852, 52/853, 627/866, 874/975, 729/907, 755/908, 874/909, 844/910, 845/911, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 82, 379, 380, 387, 425 to 427, 375 to 378, 371, 428, 444, 445, 447, 370, 369, 366, 506, 516, 517, 522, 451, 452, 465, 467, 473 to 475, 527 to 529, 663, 665, 667 to 671, 673, 750, 475, 968, 477, 476, 813, 814, 811, 816 to 818, 821, 839 to 841, 835 to 837, 478, 969, 486 to 489, 491, 495, 494, 427, 425, 432 Aho 8. Pachey khani 508, 526, 574, 572, 566, 537, 539, 511 to 514, 534, 538, 589, 475, 477, 479, 625, 282, 215, 217, 207, 218, 242, 240, 238, 231, 281, 299, 315, 310 to 312, 268, 349, 134, 137, 138, 141, 144, 80, 83, 127, 299, 407, 19, 41, 88, 89, 67, 322 Pachey khani 9. Karthok Block 329, 331, 338, 342, 343, 347 to 349, 320, 324, 326, 345, 299, 305, 303, 315, 371, 370, 365, 324, 338, 342 Karthok Block 10. Rangpo to Sawnay Golitar 2486/2505, 2486/2502, 2486/2499, 2486/2503, 2486/2501, 2486/2500, 2486/2504, 2486/2520, 2486/2770, 2486/2771, 2815, 2657/2823, 2024/2350, 2486/2797, 2770/2933, 2770/3029, 2563/2571, 2280, 2228, 2291, 2229, 2254, 2304, 2306, 2292/4331, 4333, 2293/4332, 2294, 2295/4334, 2298, 2202 to 2207, 2212, 2213, 2290, 2291/4434, 2234, 2276, 2241, 2244, 2255, 2146, 2147, 2146/2899, 2146/2900, 2078, 2077/4311, 2077, 2073, 2074, 2040, 2046, 2042, 2044, 2080, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7, 252/645, 251/562, 435/740, 319/563, 318/564, 471/565, 269, 899, 187/566, 189/567, 187/568, 189/569, 224/570, 435/571, 435/572, 435/504, 435/573, 435/574, 435/575, 35/574, 415/578, 187/579, 187/580, 187/581, 81/582, 75/603, 3, 4/585, 364/586, 203/588, 255/589, 415/590, 187/591, 187/593, 189/593, 226/954, 189/595, 25/596, 412/598, 187/597, 187/619, 24, 387, 389/711, 388, 895, 896, 343/601, 346/602, 239/602, 187/604, 189/605, 185, 348/607, 347/608, 345/609, 348/610, 347/611, 325/612, 187/613, 323/617, 187/618, 28/620, 187/621, 513, 255/622, 302/764, 324/765, 325/766, 252/622, 251/623, 412/624, 422/625, 927, 938, 228/628, 187/630, 195/631, 432/632, 433/633, 415/634, 415/680, 213/635, 224/636, 956, 195/488, 195/636, 204/639, 204/640, 202, 204/641, 415/642, 252/644, 204, 272/647, 24/649, 323/457, 204/652, 216/653, 218/654, 575/655, 576/656, 575/657, 576/658, 204/659, 442/660, 443/661, 308/662, 239/663, 249/664, 251/665, 343/666, 347/670, 347/671, 224/274, 255/675, 259/677, 20/442, 21/443, 239/679, 344/676, 115, 247, 249, 251, 27/681, 261/682, 28/535, 252/683, 252, 28/785, 28/684, 318/685, 307/505, 304, 324/539, 187/686, 343/687, 344/667, 345/668, 666, 346/669, 667/689, 395/690, 348/48 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 346, 579, 560, 573, 577, 315, 557, 475, 476, 338, 339, 499, 516, 490, 491, 559, 593, 336, 337, 509, 510, 512, 513, 465, 466, 533, 534, 535, 536, 537, 477, 520, 571, 572, 578, 343, 344, 480, 478/770, 536/774, 340, 943, 478, 477/775, 547/783, 536/791, 537/792, 347/798, 350/799, 537/796, 536/800, 537/795, 537/793, 468/801, 340/802, 485, 311, 537/794, 327/829, 560/835, 310, 848, 851, 518, 874, 875, 876, 877, 878, 879, 503, 504, 880, 521, 882, 516, 883, 944, 889, 893, 894, 957, 523, 895, 501, 897, 898, 511, 517, 542, 947, 948, 949, 950, 952, 955, 960, 961 (C) REVENUE VILAGE/ BLOCK- BOOMTAR S.No. Name of the Industrial Area Khasra No. (1) (2) (3) 1. Boomtar 13, 23, 24, 15, 16, 25, 79, 80, 410, 413, 414, 415, 439, 458, 459, 476, 472, 41, 395, 396, 397, 398, 14, 17, 22, 9, 21, 238, 239, 10, 11, 12, 298, 300, 301, 363, 296, 302, 303, 287, 288, 289, 332, 406/796, 39, 433, 443, 444, 445, 387, 431, 432, 299, 341, 343, 358, 359, 342, 423, 172, 176, 177, 180, 181, 186, 228, 230, 240, 322, 78, 125, 198, 126, 200, 127, 96/790, 183, 331, 152, 156, 157, 170, 184, 185, 245, 246, 247, 325, 327, 393, 399 to 401, 429, 364, 66, 81, 82, 83, 84, 85, 265, 166, 102, 110, 365, 366, 162, 165, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6, 107/627, 107, 107/509, 109/510, 47/678, 46/679, 119/623, 119/80, 119/681, 197/697, 197/698, 197/699, 202/625, 202/704, 202/705, 202/706, 197/700, 197/701, 119/682, 119/683, 191/687, 119/684, 191/688, 191/689, 119/685, 191/690, 193/691, 194/693, 196, 119/686, 194/964, 197/702, 197/703, 196/696, 204/707, 206/716, 202/777, 204/710, 202/708, 204/711, 205/714, 205/715, 204/712, 206/717, 204/713, 206/718, 209/721, 210/724, 212/725, 208, 206/719, 209/72, 193/692, 194/695, 208/720, 209/723, 154/726, 47/728, 47/727, 276/736, 276/737, 278/738, 46/739, 187, 188, 189, 190, 226, 186/730, 230/731, 322/732, 67/733, 186/734, 228/735, 232/588, 232/740, 46/741, 46/742, 46/743, 14/744, 843, 103, 13/745, 220/746, 220/747, 220/748, 220/749, 220/750, 75/752, 71/753, 102/754, 257, 77/755, 89/756, 258/757, 258/758, 91, 77/759, 257/760, 258/761, 258/762, 89/763, 90, 77/764, 91/765, 257/766, 258/767, 258/768, 87, 88, 89/769, 77/770, 258/771, 260, 261, 332/772, 332/773, 406/774, 324/775, 329/776, 47/778, 478, 479, 482/857, 71/779, 66/780, 47/781, 49/521, 48/525, 477, 478/782, 479/783, 481/784, 482/785, 476, 832, 833, 834, 835, 274, 123, 124/786, 252, 198/787, 200/788, 85/792, 47/793, 47/794, 103/797, 197/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 232, 108/233, 111/234, 236 to 241, 17, 21, 243 to 245, 247 to 276, 19, 82/209, (F) REVENUE VILAGE/ BLOCK- CHISOPANI S. No. Name of the Industrial Area Khasra No. (1) (2) (3) 1. Chisopani 3 to 9, 45 to 47, 49 to 57, 36, 37, 59 to 62, 66, 67, 73, 75, 76, 78, 80 to 84, 86, 88, 90, 92, 95, 101 to 105, 107 to 111, 113 to 118, 121 to 127, 129 to 144, 146 to 148, 174 to 181, 184 to 189, 150 to 156, 158 to 161, 163 to 172, 191 to 194, 196, 197, 199 to 209, 211 to 216, 218 to 222, 225 to 227, 231, 235 to 241, 249, 250, 252 to 259, 262, 265, 266, 268, 276, 278 to 282, 284 to 289, 291 to 294, 296 to 299, 242, 263, 264, 270, 308 to 310, 313, 315, 312, 317 to 321, 343, 344, 352 to 354, 357 to 360, 365, 432, 477 to 482, 516, 264, 368, 372, 374, 530, 504, 516 to 523, 501, 497, 444 to 451, 424, 458 to 460, 462, 463, 481, 482, 472, 473, 510, 486, 281/541, 398 to 401, 437 to 439, 415 to 417, 386, 389 to 391, 395, 412, 420, 422, 423, 425 to 429, 424/573, 428/539, 472/544, 472/542, 544/545, 435, 510 to 515, 263/557, 472 to 476, 537, 457, 461, 464, 465, 531 to 536, 349, 321/553, 263/558, 326, 330 to 336, 523, 524, 350, 293/570, 474, 313/548, 318/549, 322 to 324, 377 to 387, 443 to 447, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Industrial Area Khasra No. (1) (2) (3) 1. Sal Ghari 827, 731, 713, 812, 87/850, 590, 740, 714, 598, 734, 611, 629, 714/838, 595, 596/1011, 714/840, 585, 594, 732, 620, 809, 810, 813, 747, 790, 791, 614, 628, 793, 14, 717, 718, 720, 721, 722, 723, 726, 727, 735, 738, 741, 742, 743, 744, 745, 750, 751, 758, 746/836, 714/841, 627, 733, 781, 784, 785, 768/937, 605, 698, 719, 758/851, 695, 697, 616, 611/878, 530, 625, 692, 693, 696, 579, 597, 601, 646, 599, 588/1118, 739, 714/839, 739/112, 818, 819, 820, 814/1187, 822, 615, 611/885, 611/1242, 621, 622, 1316, 712, 580, 795, 794/896, 823, 586, 600, 711, 769, 770, 771, 772, 789, 792, 614, 623, 624, 607, 611/1094, 506, 508, 509, 510, 511, 512, 587, 588/1118, 593, 596, 603, 582, 806, 824, 830, 831, 832, 729, 831/1067, 714/842, 780/872, 737, 828, 584, 626, 756, 606, 608, 613, 738/846, 717/847, 771/858, 717/854, 717/855, 717/856, 779, 717/870, 87/863, 36/865, 530/875, 319/904, 822/1775, 767/974, 746/938, 831/940, 781/942, 781/950, 693/899, 694/900, 696/901, 795/958, 611/961, 1303, 744/903, 786/970, 805/977 (b), 51, 831/985, 805/986, 24/893, 831/988, 819/989, 796/990, 797/991, 781/992, 781/993, 780/997, 802/997, 805/1001, 831/1004, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 53/982, 786/977(a), 107, 107/980, 34/981, 35/980, 32/1068, 53/983, 35/987, 812/1006, 804, 87/1018, 781/1019, 100, 758/1023, 50/1026, 1273, 32/1029, 33/1230, 87/1033, 87/1095, 819/1034, 49, 786/1038, 32/1043, 108/1047, 121/1048, 32/1050, 33/1200, 87/1059, 800/1060, 87/1061, 35/1062, 786/1064, 48, 809/1069, 809/1070, 14/1072, 819/1074, 809/1076, 99/1077, 812/1079, 850/1129, 42/1088, 61, 61/843, 809/1090, 809/1091, 97, 505/1097, 805/1104, 781/1108, 87/1114, 799/1115, 797, 87/1119, 87/1235, 805/1120, 55/957, 850/1129, 187/1130, 87/1134. 786/1135. 1350, 819/1136, 32/1139, 35/1147, 87/1149, 21, 831/1150, 87/935, 37/1080, 35/1153, 87/110, 87/1121, 34/1151, 35/1152, 87/1155, 17, 96/1158, 807/1159, 108/1164, 800, 771/1172, 37/1173, 781/1175, 782/1176, 781/1195, 832/1198, 819/1199, 24/1200, 814, 814/1201, 34/1209, 95/1218, 24/1219, 32/1120, 32/1121, 33/1222, 87/852, 111/1145, 87/1124, 58/1014, 1302, 1304, 1305, 106, 1307, 1308, 1274, 1275, 1283, 1296, 1298, 1299, 1301, 32/1139, 1364, 1365 3. Jrt. Bazar 380, 381, 382, 398, 763, 764, 558, 395, 736, 819/861, 809/949, 809/862, 47/877, 819/871, 96/874, 87/880, 598/921, 22, 59/952, 717/953, 718/954, 511/955, 512/956, 771/959, 769/960, 119, 12 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -2004; No. 21/2007-CE, dated 25-4-2007; No. 23/2008-CE, dated 27-3-2008; No. 37/2008-CE, dated 10-6-2008 and No. 55/2008-CE, dated 3-10-2008. 1. Paragraph no. 7 has been inserted vide Notification No. 21/2007 C.E. dated 25/4/2007 2. Substituted vide vide Notification No. 21/2007 C.E. dated 25/4/2007 3. In the preamble, for the words and figures, "to the amount of duty paid by the manufacturer of the said goods other than the amount of duty paid by utilization of CENVAT credit under the CENVAT Credit Rules, 2002", the words "to the duty payable on value addition undertaken in the manufacture of the said goods by the said unit" has been substited vide Notification No. 23/2008 CE dated 27-3-2008 4. Paragraph No. 2 to 4 has been substitied vide Notification No. 23/2008 CE dated 27-3-2008, before, it was read as [2. In cases where all the goods produced by a manufacturer are eligible for exemption under this notification, the exemption contained in this notification shall be available subject to the condition that, the manufacturer first utilizes whole of the CENVAT credit available to him on the last day of the month under consideration, for payment of duty on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hat where the exemption contained in this notification is not applicable to some of the goods produced by a manufacturer, the amount of such credit shall not exceed the amount of duty paid less the amount of the CENVAT Credit availed of, in respect of the duty paid on the inputs used in or in relation to the manufacture of goods cleared under this notification. (b) the credit of duty paid during the month under consideration, other than by way of utilisation of CENVAT credit under the CENVAT Credit Rules, 2002, may be taken by the manufacturer in his account current, by the 7th day of the month following the month under consideration. (c) a manufacturer who intends to avail of the option under clause (a), shall exercise his option in writing for availing of such option before effecting the first clearance in any financial year and such option shall be effective from the date of exercise of the option and shall not be withdrawn during the remaining part of the financial year: Provided that, for the financial year 2003-2004, a manufacturer can exercise his option on or before the30th day of September, 2003. (d) the manufacturer shall submit a statement of the duty paid, other tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uted vide Notification No. Supra before the table was read as, "S.No. Chapter of the First Schedule Description of goods Rate (1) (2) (3) (4) 1. 29 All goods 29 2. 30 All goods 56 3. 33 All goods 56 4. 34 All goods 38 5. 38 All goods 34 6. 39 All goods 26 7. 40 Tyres, tubes and flaps 41 8. 72 or 73 All goods 39 9. 74 All goods 15 10. 76 All goods 36 11. 85 Electric motors and generators, electric generating sets and parts thereof 31 12. Any chapter Goods other than those mentioned above 36:" 7. Has been substituted vide Notification No. Supra before it was read as, "(1) Notwithstanding anything contained in paragraph 2, the manufacturer shall have the option not to avail the rates specified in the said Table and apply to the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, having jurisdiction over the manufacturing unit of the manufacturer for fixation of a special rate representing the actual value addition in respect of any goods manufactured and cleared under this notification, if the manufacturer finds that four-fifths of the ratio of actual valu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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