9911796707
TMI BlogNE Region – Exemption from Excise Duty (Chapter 24)X X X X Extracts X X X X X X X X Extracts X X X X ..... by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance), Act, 1957 (58 of 1957), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts excisable goods of the description specified in column (3) of the Table below and f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... much of the duty of excise specified thereon under the First Schedule to the said Additional Duties of Excise Act, (hereinafter referred to as the additional excise duty ), as is in excess of the amount calculated at the rate specified in the corresponding entry in column (6) of the said Table; subject to the following conditions, namely,- (A) the exemption under this notification shall be avai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e duty and additional excise duty, payable, but for the exemption in this notification, and the sum of basic excise duty, special excise duty and additional excise duty, paid, shall be utilised by the manufacturer only for investment in plant and machinery in a manufacturing unit which is located in the State of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland or Tripura; (C) the i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s satisfied that the investment as specified in condition (B), has been made, it shall issue a certificate to this effect to the manufacturer within a period of three weeks after the expiry of the one month referred to in condition (D), which shall be produced by the manufacturer, within a period of two weeks from the date of issue of such certificate, to the jurisdictional Central Excise Officer; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8% 8% 5% 2. 2402.00 All goods 8% Nil Nil 3. 2404.41 All goods 8% 6% 6% 4. 2404.49 All goods 8% 6% 6% 5. 2404.50 All goods 8% 6% 6% 6. 2404.99 All goods 8% 6% 6% [F.No.354/29/2003-TRU] (Please refer Cir. No. 740/56/2003-CE, Dt. 29/08/2003 for the Salient Features of the Exemption Scheme) ************************* Notes : 1. (In above line 20, 21 and 22 '1997' ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
