9911796707
TMI BlogSupersession of Notification No. 5/94-CE(NT), dt. 1/3/1994X X X X Extracts X X X X X X X X Extracts X X X X ..... ariff Act, 1985 (5 of 1986), other than - i. motor spirit (commonly known as petrol) falling under heading No. 27.10; ii. high speed diesel oil falling under heading No. 27.10; iii. ingots and billets of non-alloy steel, on which the duty of excise has been paid under section 3A of the Central Excise Act, 1944, falling under sub-heading Nos. 7206.90 and 7207.90; and iv. hot re-rolled products of non alloy steel, on which the duty of excise has been paid under section 3A of the Central Excise Act, 1944, of heading Nos. 7211.11, 7211.19, 7211.30, 7211.52, 7211.59, 7211.60, 7211.92, 7211.99, 7213.90, 7214.90, 7215.90, 7216.10 and 7216.90, as inputs (hereinafter referred to as the inputs);] 3 [b. goods falling under the First Sche ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ds of Special Importance) Act, 1957 (58 of 1957) ; and 8 [v. The additional duty under section 3 of the Customs Tariff Act, 1975 (51 of 1975) equivalent to the duty specified under (i), (ii), (iii) and (iv) above.] 4 [2. Credit of specified duty paid on the inputs may be utilised for payment of duty of excise for any of the purposes mentioned in sub-rule (12) of rule 57F of the said rules subject to the following restrictions, namely:- a. credit of specified duty, in so far as it relates to duty paid under the Central Excise Act, 1944 , or the equivalent additional duty paid under section 3 of the Customs Tariff Act,1975 (5 of 1975), shall be utilised only towards payment of duty of excise specified in the 7 [First Schedule ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntained in this notification, shall apply to an independent texturiser, that is to say, a manufacturer engaged in the manufacture of texturised yarn of polyesters falling under subheading No. 5402.32 and who does not have the facility in his factory (including plant and machinery) for manufacture partially oriented yarn of polyesters falling under sub-heading No. 5402.42.] ******************************* Notes : 1. The words, figures and brackets "read with clauses 119 and 121 of the Finance Bill, 1999, which clauses have by virtue of the declaration made in the said Finance Bill under the Provisional, Collection of Taxes Act, 1931 (16 of 1931), the force of law has been omitted vide Notification No. 32/99-N.T. Dated 11-5-99 2. Has ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
