[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF
REVENUE)
New Delhi, the 17th
March, 2012
Notification No. 15/2012-Central Excise
G.S.R. (E). - 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 makes the following further amendments in the notification of
the Government of India in the Ministry of Finance (Department of Revenue), No.
8/2003-Central Excise, dated the 1st March, 2003, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.
138(E), dated the 1st March, 2003, namely: -
In the said
notification in para 2, after clause (vii), the following proviso shall be
inserted namely:-
“Provided that for the purposes of availing of exemption
under this notification for the financial year 2012-13, the aggregate value of
clearances of articles of jewellery (other than silver jewellery) falling under
Chapter heading 7113 of the First Schedule, for home consumption by a
manufacturer from one or more factories, or from a factory by one or more
manufacturers, for the financial year 2011-12 shall be calculated on the basis
of tariff value fixed in accordance with notification no. 09/2012-Central
Excise (NT), dated the 17th March, 2012.”
[F No.-334/1/2012 -TRU]
[Raj Kumar Digvijay]
Under Secretary to the
Government of India
Note. - The principal notification No.8/2003-Central Excise,
dated the 1st March, 2003, published in the Gazette of India, Extraordinary,
Part II, Section 3, Sub-section (i) vide number G.S.R.138(E), dated the 1st
March, 2003 was last amended vide notification No.28/2011- Central Excise,
dated the 24th March, 2011, published in the Gazette of India, Extraordinary,
Part II, Section 3, Sub-section (i) vide number G.S.R.240(E), dated the 24th
March, 2011.
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