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Notification No. 4/2012,Dated 12th March, 2012

[(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

 

 

Notification No. 4/2012 – Central Excise (N.T.)

 

New Delhi, dated, 12th March, 2012

 

 

            G.S.R.   (E).- In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Central Excise Rules, 2002, namely:-

 

1.   (1) These rules may be called the Central Excise (First Amendment) Rules, 2012.

      (2) They shall come into force on the date of their publication in the Official Gazette.

 

2. In the Central Excise Rules, 2002, for rule 12CC, the following rule shall be substituted, namely:-

 

"12CCC: Power to impose restrictions in certain types of cases.- Notwithstanding anything contained in these rules, where the Central Government, having regard to the extent of evasion of duty, nature and type of offences or such other factors as may be relevant, is of the opinion that in order to prevent evasion of, and default in payment of, duty of excise, it is necessary in the public interest to provide for certain measures including restrictions on a manufacturer, first stage and second stage dealer or an exporter, may by a notification in the Official Gazette, specify the nature of restrictions including suspension of registration in case of a dealer, types of facilities to be withdrawn and procedure for issue of such order by an officer authorized by the Board".

 

F.No.267/77/2011-CX.8

 

(V P Singh)

Under Secretary to the Government of India

 

 

Note: The principal rules were published in the Gazette of India vide notification number 04/2002-CE(NT), dated the 1st March, 2002 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i) vide G.S.R. 143(E), dated the 1st March 2002 and were last amended vide notification number 32/2011-CE (NT), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (1), vide number G.S.R 917(E), dated 30th December, 2011.

 

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