9911796707
TMI BlogExemption to first clearances of specified goods upto the value of Rs. 30 lakhs and concessional duty thereafter in case of S.S.I. units having clearances not exceeding Rs. two crores in preceding yearX X X X Extracts X X X X X X X X Extracts X X X X ..... entral Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in the Annexure below and falling under the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), (hereinafter referred to as the "specified goods"), and cleared for home consumption on or after the 1st day of April in any financial year, by a manufacturer from, - (1) a factory, which is an undertaking registered with the Director of Industries in any State or the Development Commissioner (Small Scale Industries) as a small scale industry under the provisions of the Industries (Development and Regulation) Act, 1951 (65 of 1951),- (a) in the case of first clearances of the specifi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the said clearances of the value specified in sub-clause (b) under this clause, from so much of the duty of excise leviable thereon which is specified in the said Schedule [read with any relevant notification issued under sub-rule (1) of rule 8 of the said Rules or sub-section (1) of section 5A of the said Act, and in force for the time being], as is equivalent to an amount calculated at the rate of 5 per cent ad valorem : Provided that the amount of duty of excise payable on the specified goods under item (i) of sub-clause (a), or sub-clause (b), or sub-clause (c), shall not be less than an amount calculated at the rate of 5 per cent ad valorem : Provided further that the aggregate value of clearances of the specified goods in terms of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ied goods with a brand name or trade name (registered or not) of another person who is not eligible for the grant of exemption under this notification : Provided that nothing contained in this paragraph shall be applicable to the specified goods which are component parts of any machinery or equipment or appliances and cleared from a factory for use as original equipment in the manufacture of the said machinery or equipment or appliances and the procedure set out in Chapter X of the said Rules is followed : Provided further that nothing contained in this paragraph shall be ap plicable to the specified goods where a manufacturer affixes the specified goods with a brand name or trade name (registered or not) of the Khadi and Village Indust ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inaware or Porcelainware or both, where a manufacturer gets such Chinaware or Porcelainware or both fired in a kiln belonging to or maintained by a Pottery Development Centre run by the Central Government or a State Government or by the Khadi and Village Industries Commission, the value of the Chinaware or Porcelainware or both, belonging to the said manufacturer and fired in such a kiln, shall be taken into account. Explanation V. - For the purpose of this notification, clearances for home consumption shall also include clearances for export to Bhutan or Nepal. Explanation VI. - Where any specified goods (hereinafter referred to as inputs) are used for further manufacture of specified goods within the factory of production of input ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dication of the identity of that person. Explanation X. - For the purposes of this notification, where the specified goods manufactured by a manufacturer, are affixed with a brand name or trade name (registered or not) of another manufacturer or trader, such specified goods shall not, merely by reason of that fact, he deemed to have been manufactured by such other manufacturer or trader. Explanation XI. - For the purposes of this notification, the expression "powered cycle" or "powered cycle-rickshaw" means a mechanically propelled cycle or, as the case may be, mechanically propelled cycle-rickshaw, which may also be pedalled, if any necessity arises for so doing. ANNEXURE (1) All goods falling under Heading No. 56.02, 73.07, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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