Effective rate of duty on Gold/Silver Jewellery, Broken stones or dead stock — Produced in EOU or EPZ and sold in
India

11-4-1997

             In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (2) of the Table below, manufactured by a hundred per cent export oriented undertaking or a unit in an export processing zone and allowed to be sold in India under and in accordance with the provisions of paragraphs 6.8(c) of the Export and Import Policy, 1^st April, 2002 - 31^st March, 2007, as amended from time to time, from so much of the duty of excise leviable thereon under section 3 of the said Central Excise Act, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table.

            Explanation. - For the purposes of the exemption, "dead stock' means goods which have not been exported for two years after their manufacture in the hundred per cent export oriented undertaking or the unit in the export processing zone. 

Notification No. 20/97-C.E., dated 11-4-1997 as amended by Notifications No. 7/98-C.E., dated 2-6-1998; No. 30/98-C.E., dated 8-9-1998; No. 1/99-C.E., dated 4-1-1999 (w.e.f. 5-1-1999); No. 38/99-C.E., dated 16-9-1999 ,No. 11/2000-C.E., dated 1-3-2000,  No. 40/2000-C.E. dated 22-5-2000 , No.6/2001-CE., dated 1-3-2001.and No. 35/2002 dated 24-6-2002