Notification No. 31/2016, Dated 24th August 2016

[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA (EXTRAORDINARY)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 31/2016-Central Excise

New Delhi, the 24th August, 2016

S.O.        (E) - In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and subsection (3) of section 3 of Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of 1978), 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. 22/2003- Central Excise dated the 31st March, 2003, published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (i), vide number G.S.R.265(E) dated the 31st March, 2003, hereinafter referred to as the said notification, namely: -

2. In the said notification, -

(i)            in the opening paragraph, in condition (7), in clause (iv) for the words “bonded premises” the words “premises of the unit” shall be substituted;

(ii)           in paragraph (2a), the words “and following the rewarehousing procedure” shall be omitted;

(iii)          in paragraph (2b), the words “and following the rewarehousing procedure” and “and by following the rewarehousing procedure” shall be omitted;

(iv)         in paragraph 4, for the words “bonded premises” the words “premises of the unit” shall be substituted;

(v)          in paragraph 5, for condition (vii), the following condition shall be substituted, namely: - “(vii) the unit shall be required to have a premises for secure storage of goods procured duty free under this notification and the final products manufactured or produced therefrom and the details of the premises shall be declared to the said officer.”;

(vi)         in paragraph 8, the words “or to debond”, “or debonding”, “debonding or” and “, as the case may be” wherever they occur shall be omitted.

[F. No. 484/03/2015(Pt. II) – LC]

(Temsunaro Jamir)
Under Secretary to the Government of India

Note. - The principal notification No. 22/2003 – Central Excise, dated the 31st March, 2003 was published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (i) vide number G.S.R 265 (E) dated the 31st March, 2003 and was last amended by Notification No.45/2015– Central Excise dated 24th November, 2015, published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (i) vide number G.S.R. 900 (E), dated 24th November, 2015

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