Notification No.10/2003, Dated 1st Mar, 2003

1st March, 2003

Notification No. 10/2003 - Central Excise (N.T.)

            In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 4A 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 makes the following amendment in the notification of the Government of India, in the erstwhile Ministry of Finance (Department of Revenue), No. 13/2002-Central Excise (N.T.), dated the 1st March, 2002, namely:-

In the said notification, in the Table,-

(i)    for S. No. 5 and the entries relating thereto, the following shall be substituted, namely:-
(1)

(2)

(3)

(4)

"5.

1704.90

All goods, other than white chocolate

35%

5A.

1704.90

White chocolate

40%";

(ii)    against S. No. 12, for the entry in column (4), the entry "35%" shall be substituted;
(iii)    for S. No. 19 and the entries relating thereto, the following shall be substituted, namely:-

(1)

(2)

(3)

(4)

"19.

21.07

Betel nut powder known as "supari", other than Scented supari

35%

19A.

21.07

Scented supari

30%";

(iv)    against S. No. 23, for the entry in column (4), the entry "45%" shall be substituted;
(v)    after S. No. 24 and the entries relating thereto, the following shall be inserted, namely:-

(1)   (2)   (3)   (4)
"24A.   2404.41   All goods
50%";

(vi)     against S. No. 41, for the entry in column (3), the entry "All goods" shall be substituted;

(vii)    S. No. 55 and entries relating thereto shall be omitted;
(viii)   against S. No. 57, for the entry in column (4), the entry "30%" shall be substituted.

(ix)    against S. No. 63, for the entry in column (4), the entry "35%" shall be substituted;

Alok Shukla
Deputy Secretary to the Government of India

F. No. 334/1/2003-TRU

Footnote.- The principal notification 13/2002- Central Excise (N.T.), dated the 1st March, 2002 was published in the Gazette of India, Extraordinary, vide number G.S.R.152 (E), dated the 1st March 2002.

Frequently Asked Questions

What are Central Excise notifications?

Central Excise notifications are official announcements issued by the Government of India to communicate changes, updates, or clarifications related to central excise laws and procedures.

They may include amendments to duty rates, exemptions, procedural changes, or new compliance requirements, helping manufacturers and traders stay informed and compliant.

Why are Central Excise notifications important for businesses?

Central Excise notifications are important because they tell businesses about current regulations, duty changes, and compliance obligations.

These updates help manufacturers, importers, and tax professionals adjust their processes, prepare accurate returns, and avoid penalties for non-compliance with excise laws.

How often are Central Excise notifications released?

Central Excise notifications are released as and when the Government introduces changes to tax laws, exemptions, or procedures.

These may be issued periodically or in response to budget announcements, policy reforms, or judicial interpretations that require clarification or regulatory updates.

How can I access the latest Central Excise notifications?

The most reliable sources for the latest Central Excise notifications are official government portals such as the Central Board of Indirect Taxes and Customs (CBIC).

Seair Exim Solutions also consolidates and summarises important notifications to make it easier for businesses to track updates relevant to their operations.

Do Central Excise notifications affect past tax liabilities?

Yes, Central Excise notifications can affect past tax liabilities if they include retrospective amendments, clarifications, or transitional provisions.

Such notifications may have an earlier impact. assessments, compliance positions, or legal interpretations and should be reviewed carefully to ensure proper handling of legacy accounts.