Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Exemption from operation of Rule 174

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Customs, being satisfied that it is necessary and expedient in the public interest so to do, hereby exempts from the operation of rule 174 of the said rules, persons who manufacture goods specified in the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), so long as the said goods are chargeable to nil rate of duty or remain exempt from the whole of the duty of excise leviable thereon; .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... se may be] the manufacturer makes a declaration and gives an undertaking as specified in the Form annexed hereto while claiming exemption for the first time under this notification and thereafter before the 15th day of April of each financial year; Provided further that where the exemption from the whole of the duty of excise leviable on the said goods is granted, based on the value of clearan .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... .................. declare that to the best of my/our knowledge and belief the information furnished in the Schedule below is true and complete. I/We undertake to apply for a Central Excise registration certificate in the proper form as soon as value of the goods, mentioned in the said Schedule, cleared in a financial year, reaches rupees twenty lakhs. I/We undertake to apply for a Central Exc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ding financial year. 6. Value/quantity of the goods estimated to be cleared in the current financial year. 7. Heading No. or sub-heading No. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) under which the goods are classifiable. 8. (a) Reference to the heading/sub-heading of the said Schedule or the notification issued under rule 8 of the Central Excise Rules, 1944 [or Sec .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates