TMI BlogExemption from operation of Rule 174X X X X Extracts X X X X 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 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 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 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 X X X X Extracts X X X X
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