MANU/EXCT/0060/2003
Ministry :
Ministry of Finance
Department / Board :
Central Board of Excise and Customs
Notification No :
GSR138(E)
Notification No :
8/2003-CE
Date :
01.03.2003
Referred IN
Subject: Excise
Subject: Customs
Section, Act No :
5A(1) of the Central Excise Act, 1944
Clearances Specified Exempted For Home Consumption Of Excisable Goods
G.S.R 138(E).--
In exercise of the powers conferred by sub-section (1) of
section 5A of the Central Excise Act, 1944 (1 of 1944) (herein after referred to
as the Central Excise Act) and in supersession of the notification of the
Government of India in the Ministry of Finance (Department of Revenue) No.
8/2002-Central Excise, dated the 1st March, 2002, published in the Gazette of
India vide number G.S.R. 129(E), dated the 1st March, 2002, the Central
Government, being satisfied that it is necessary in the public interest so to
do, hereby exempts clearances, specified in column (2) of the Table below
(hereinafter referred to as the said Table) for home consumption of excisable
goods of the description specified in the Annexure appended to this notification
(hereinafter referred to as the specified goods), from so much of the aggregate
of, -
(i) the duty of excise specified thereon in the First Schedule to the Central
Excise Tariff Act, 1985 (5 of 1986) (herein after referred to as the First
Schedule); and
(ii) the special duty of excise specified thereon in the Second Schedule to
the said Central Excise Tariff Act, 1985 (herein after referred to as the Second
Schedule),
as is in excess of the amount calculated at the rate specified in the
corresponding entry in column (3) of the said Table:
Provided that nothing contained in this notification shall apply to a
manufacturer who has availed the exemption under notification No.
39/2001-Central Excise, dated the 31st July, 2001, published in the Gazette of
India vide number G.S.R. 565 (E), dated the 31st July, 2001, in the same
financial year.
Table
S. No |
Value of clearances |
Rate of duty |
(1) |
(2........
|