Exemption from licensing

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..... Finance (Department of Revenue) No. 2/81-Central Excises, dated the 17th January, 1981, the Central Government 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, all goods exempted from the whole of the duty of excise leviable thereon on the basis of the value of clearances made in a financial year so .....

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..... to be the value of goods cleared for home consumption under the notification referred to therein : Provided further that 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 also that the exemption co .....

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..... nished in the said Schedule. SCHEDULE 1. Name(s) and address(es) of the proprietor(s)/all partners/Directors of the company owning the factory. 2. Name and address of the factory. 3. Names and addresses of other factories/manufacturers (producing such goods) in whom the manufacturer claiming the exemption has proprietary interest. 4. Full description of the goods (item-wise) manufa .....

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