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TMI BlogSeeks to notify new Central Excise (Removal of Goods at Concessional rate of Duty for Manufacture of Excisable Goods), 2016.X X X X Extracts X X X X X X X X Extracts X X X X ..... persession, the Central Government hereby makes the following rules, namely: 1. Short title, extent and commencement. - (1) These rules may be called the Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable and Other Goods) Rules, 2016. (2) They extend to the whole of India. (3) They shall come into force on and from the 1st day of April, 2016. 2. Application . - These rules shall apply to a manufacturer who intends to avail of the benefit of a notification issued under sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) granting exemption of duty to excisable goods when used for the purpose specified in that notification: Provided that an un-registered manufac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... one copy of the information to the jurisdictional range Superintendent of the supplier manufacturer. (2) The applicant manufacturer shall number the information filed under sub-rule (1) in each financial year. (3) The applicant manufacturer may either provide separate information in respect of each of the supplier manufacturer of subject goods or provide combined information for multiple supplier manufacturers with details of each of them in Form I. (4) The applicant manufacturer shall provide the information from time to time to receive subject goods in quantities commensurate with expected consumption in the manufacturing process for a period of one year or less. (5) The applicant manufacturer shall execute a general bond wit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urn on the basis of such records in Form II to the Assistant Commissioner or Deputy Commissioner by the tenth day of the month following each quarter of the financial year. 7. Recovery of duty in certain cases. - Where the goods cleared by the supplier manufacturer on the basis of information provided by an applicant manufacturer, are not used for the intended purpose, the applicant manufacturer shall be liable to pay the amount equal to the difference between the duty leviable on such goods but for the exemption and that already paid, if any, at the time of removal from the factory of the supplier manufacturer of the subject goods, along with interest and the provisions of section 11A , except the time limit mentioned in the said secti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... [see rule 4(1) and (3)] Information under Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable and Other Goods) Rules, 2016 To, The Assistant Commissioner or Deputy Commissioner of Central Excise, Division .......... , Sir, We intend to avail benefit of exemption of duty for the purpose of manufacture of goods in our factory. The details of the goods proposed to be procured, quantity, duty foregone, S.No of the notification under which exemption is intended to be availed, approximate quantity needed, details of the supplier manufacturer from whom the goods are proposed to be procured and finished goods proposed to be manufactured are enclosed herewith. We undertake to follow the Centr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Note: (1) Separate entries should be made for each variety or class of goods used and manufactured. (2) Summary table of the information issued and copy thereof should be enclosed. I/We declare that I/we have compared the above particulars with the records (and) /books of my/our factory and that they are, insofar as I/We can ascertain true and complete. Date : Place : Signature Name in capital letters Authorised signatory/manufacturer [F. No.334/8/2016 -TRU] (Mohit Tewari) Under Secretary to the Government of India - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI ..... X X X X Extracts X X X X X X X X Extracts X X X X
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